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Let’s fall back to the illustration again, the government is looking to construct 2 crore houses/dwellings by 2022. It has been able to construct only 6.8 lakh dwellings which entails that there is a requirement to construct 1.932 crore houses in the next 5 ½ years. Obviously, the government cannot take on this mammoth task on its own; it is looking for the real estate industry to participate. The catch words which need to be understood are ‘affordable housing’ and that the construction is to take place in smaller towns.

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