With the infra status, developers can access foreign funds at a cheaper cost by way of debt

- Hemal Mehta, Partner, Deloitte Haskins & Sells LLP Hemal Mehta, Partner, Deloitte Haskins & Sells LLP, on the Union Budget 2017-18: Affordable housing is a priority for this government and it was expected to get an infrastructure status. With the infra status, developers can access foreign funds at a cheaper cost by way of debt and will be a priority lending for banks as well. This should result into a progress in the said sector. Fine prints shall provide higher clarity.