(a) whether the Government proposes to open an escrow to fund affordable housing in the country;
(b) if so the details thereof ; and
(c) the time by which the fund is likely to be made operational ?
(a) whether the Government proposes to open an escrow to fund affordable housing in the country;
(b) if so the details thereof ; and
(c) the time by which the fund is likely to be made operational ?
THE MINISTER OF HOUSING & URBAN POVERTY ALLEVIATION ( SHRI M. VENKAIAH NAIDU )
(a),(b)&(c): No, Madam. This Ministry continuously engages with different stakeholders and various suggestions are received on a continuing basis for providing affordable housing. However, this Ministry has yet not received any formal proposal on the issue of opening an escrow account to fund affordable housing in the country.