Union Finance Minister Nirmala Sitharaman has presented the budget for the financial year 2023-24 on 1 February.  Like other sectors, many important announcements have been made regarding the residential sector also.  In the budget, the Finance Minister said that a new scheme will be started to provide affordable houses to the middle class people.The expansion of the Pradhan Mantri Awas Yojana was announced in the interim budget.  Pradhan Mantri Awas Yojana was launched in June 2015 with the objective of 'Housing for All'.  The current deadline of the plan has been extended to five years on December 2024.  3 crore houses have been provided under the PM Gramin Yojana, while in the next five years, 2 crore new shelters will be built in it.