BJP Government’s Top 19 Accomplishments So Far

9. RERA and Affordable Housing

BJP Government's Top 19 Accomplishments So Far

Driven by BJP Government’s decision to provide Housing to all by 2022, India’s Housing Industry received a boost from the Affordable Housing segment. Other Industry-building initiatives like Credit Linked Subsidy Scheme and RERA improved transparency and built consumer trust. Affordable housing, means homes priced below Rs 50 Lakh, accounted for 71% of total launches. RERA (Real Estate Regulatory Authority) promised positive returns in the residential housing sector, by ensuring legally protected investments and commitment on timely delivery by developers.

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