evidence: Hours after taking office for a third consecutive term, Prime Minister Narendra Modi's new Union Cabinet announced its first major policy decision to provide assistance for the construction of an additional three crore rural and urban houses under the Pradhan Mantri Awas Yojana (PMAY). This, say real estate experts, is aimed at ensuring continuity to the Housing for All scheme and will help revive the affordable housing segment. [...] "The decision by the newly elected cabinet to facilitate the construction of 3 crore homes across rural and urban areas under PMAY has set the tone for the next 5 years in terms of the Government’s priorities towards sustaining Housing and Infrastructural growth," said Anshul Jain, Chief Executive, India & SE Asia & APAC Tenant Representation, Cushman & Wakefield. [...] According to the live dashboard maintained by the Union ministry of housing and urban affairs (MoHUA), 11.86 million houses have been sanctioned so far in urban areas, and 8.35 million houses have been built. In rural areas, more than 25.5 million houses were built under the scheme, against the sanctioned target of 29.5 million.