This policy will be an improvised, practical and a better version of the Centre's "Housing for All by 2022". Maharashtra is nearly 50% urbanized and the state's urban needs are different compared to that of the rest of the country. The proposal will be brought before the cabinet soon for approval.
@Shantanu,
Apart from that the amount of contribution by beneficiary to get a house under the scheme would be lower compared to the Centre's policy. Even, those beneficiary would give subsidy on the home loan interest by the government.
Yes, even i read this read in the morning that Maharashtra Govt. will soon bring a "Housing for All" policy aimed for people living in urban areas to serve to the growing need for housing in the state.