Effect : The Reserve Bank of India has increased the priority sector housing loans to Rs. 40 lakh per unit. Which of the following can be a possible cause of the above statement ?

The Government is facing great challenge to provide affordable housing to the needy people.

The definition of affordability in most of the cities has changed and more funds are needed to purchase a dwelling unit.

Real estate developers are focusing on high-end luxury segment and ignoring the lower segment

The costs of building materials have surpassed the prices of land for housing.

Banking industry has sought permission to finance land purchase also.