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The Maharashtra cabinet on Tuesday approved a new housing policy with a plan for constructing 35 lakh affordable houses for the weaker sections by 2030.

- EXPRESS NEWS SERVICE @Mumbai

Talking to reporters after the cabinet meeting, Chief Minister Devendra Fadnavis said the policy focuses on housing for the common man with the motto 'My House - My Right'. He stressed the policy prioritises low-income groups, senior citizens, women, industrial workers and students. The policy comprises a comprehensive programme from slum rehabilitation to redevelopment, with an investment of ₹70,000 crore.

Deputy CM Eknath Shinde, also the housing minister, said the policy is a step towards fulfilling the $1 trillion economy target for Maharashtra by 2030. "The purpose of this new housing policy is to construct affordable, sustainable and inclusive houses for the weaker and needy sections. By 2030, we plan to construct 35 lakh affordable houses," Shinde said.