Union Budget 2024 Highlights: Urban Development

Urban Development

₹10 lakh crore for affordable housing, transit development, and more, transforming cities into growth hubs for the urban poor and middle class!

Focus on Brownfield Development

New policies will make it easier to redevelop old urban areas, boosting their economic potential and bringing new life to cities.

Transit Development in Cities

14 large cities will get better public transport systems, reducing traffic and making it easier for people to get around.

Affordable Housing for All

₹10 lakh crore investment under PMAY will provide affordable homes to 1 crore urban families, making homeownership more accessible.

Clean Water and Sanitation

The government will work with states to improve water supply and sanitation in 100 cities, ensuring clean and healthy environments.

Supporting Street Vendors

The PM Swanidhi scheme will continue to help street vendors by developing 100 weekly markets, supporting their businesses and local economies.

Incentives for Women Homebuyers

States will offer lower stamp duties for women buying homes, promoting gender equality and encouraging female property ownership.