<h1>Government-led 1 lakh crore Urban Challenge Fund to redevelop 300 cities, enforce RERA Act 2016 and uniform housing rules</h1> A 1 lakh crore Urban Challenge Fund to redevelop 300 cities was presented as a transformational national initiative involving states, union territories and private partners to promote innovation, infrastructure, sustainability and ease of living. The speaker, a lieutenant governor, urged a government-led approach to ensure accountability and timely project delivery, called for strict application of the RERA Act 2016 to protect homebuyers and faster grievance redressal, and sought uniformity in housing regulations across jurisdictions. Private developers were pressed to expand affordable housing and address health, education and welfare needs of construction workers as part of regulatory and social compliance.