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Reproduction of news articles, photos, movies or some other content material in entire or partially in any kind or medium without specific writtern permission of moneycontrol.com is prohibited. Presenting the budget, Finance Minister Nirmala Sitharam added that the federal government intends to create an Urban Infrastructure Development Fund on the lines of the Rural Infrastructure Development Fund that shall Real Estate News be managed by the National Housing Bank. The government proposed to spend Rs 10,000 crore per yr on city infrastructure improvement funds. Additionally, in the finances for 2023, the allocation for smart cities and urban renewal project Amrut …