Dr. Niranjan Hiranandani, Chairman of NAREDCO, highlights the negative growth in India’s affordable housing sector and calls for increased funding to promote sustainable urban development. Key recommendations include raising home loan tax deduction limits from Rs. 2 lakh to Rs. 5 lakh, granting infrastructure status to housing, improving urban infrastructure, and expanding rental housing availability. Additionally, he suggests rationalizing individual tax rates, maintaining a 10% dividend tax for residents, reforming capital gains tax for multiple home purchases, and incentivizing slum redevelopment. These initiatives aim to boost housing demand, enhance affordability, and contribute to economic growth.