78% of new accounts booked in 2017-18 were home loans under Rs 25 lakh category:...

Under PMAY, launched by Prime Minister Narendra Modi in 2015 to provide housing for all by 2022, the Centre provides an interest subsidy on housing loans to the Economically Weaker Section/Low Income group and Middle Income group. The increased numbers point to a revival in the housing sector, clearly showing that the scheme is working, says NHB official.

from Hindustan Times - india https://ift.tt/2tLLFfk