Single window clearance to promote affordable housing mooted

Affordable housing and the steps needed to grow this market came in for detailed discussions at a roundtable organised in the Capital on Friday.

The conference recommended single window clearance and special incentives to builders to promote affordable housing in the country.

National Housing Bank and the Centre for Advanced Financial Research and Learning (CAFRAL) jointly organised the roundtable on ‘housing finance'.

The need for real estate regulation to bring about greater transparency and credibility in the industry and as a measure to protect consumer interest was also emphasised in the meeting.

Ms Usha Thorat, Director, CAFRAL, later told newspersons that CAFRAL, which has been promoted by RBI, would in the coming days undertake research in the area of ‘housing finance'.