{"id":5443,"date":"2022-02-20T07:53:31","date_gmt":"2022-02-20T07:53:31","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=5443"},"modified":"2022-02-20T07:53:34","modified_gmt":"2022-02-20T07:53:34","slug":"budget-2022-2023-prioritizes-affordable-housing-and-infrastructure-development","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/budget-2022-2023-prioritizes-affordable-housing-and-infrastructure-development\/","title":{"rendered":"Budget 2022-2023 prioritizes affordable housing and infrastructure development"},"content":{"rendered":"\n<p><em>Nirmala Sitharaman announced the completion of 80 lakh homes for the designated beneficiaries of the Pradhan Mantri Awas Yojana (PMAY) within both rural and urban sectors while introducing the Union Budget for FY 2022-23. <\/em><\/p>\n\n\n\n<!--more-->\n\n\n\n<p>For fulfil this goal by the end of this fiscal year, a fund allocation of Rs 48,000 crore has been put aside.<\/p>\n\n\n\n<p>Furthermore, the federal and state\ngovernments will collaborate to reduce the time it takes to approve land and\nconstruction-related projects. It will help the working class and the\nEconomically Backward Segment (EWS) in metropolitan areas find more inexpensive\nhousing.<\/p>\n\n\n\n<p>Seven engines, including roads, railroads,\nairports, docks, public transportation, waterways and logistics, and\nfacilities, have been recognized within PM GatiShakti, a revolutionary method\nfor affordable and environmental development. Several aspects, like bulk water\nand sewage, as well as a strong social infrastructure, would supplement these\nengines. Its emphasis will be on technology-assisted preparation and design implementation.<\/p>\n\n\n\n<p>The goal is to build a world-class\ncontemporary infrastructure which will aid in economic development and growth.<\/p>\n\n\n\n<p>Villages on the northern border would\nprofit through initiatives such as the creation of buildings facilities,\napartments, roads, and tourist centers as part of the Vibrant Villages\ninitiative.<\/p>\n\n\n\n<p>The government has been working to modernize the infrastructure of the country, and several operations will be undertaken in FY 2022-23 to achieve this goal.<\/p>\n\n\n\n<p style=\"font-size:12px\"><em><strong>Disclaimer:&nbsp;<\/strong>The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information<\/em>.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nirmala Sitharaman announced the completion of 80 lakh homes for the designated beneficiaries of the Pradhan Mantri Awas Yojana (PMAY) within both rural and urban sectors while introducing the Union Budget for FY 2022-23.<\/p>\n","protected":false},"author":2,"featured_media":5445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[80],"tags":[272],"class_list":["post-5443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","tag-budget-2022","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Budget 2022-2023 prioritizes affordable housing and infrastructure development - Real Estate Sector Latest News, Updates &amp; 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