Requirement of Affordable Housing in India

One issue that has vexed most people lately is that of Affordable Housing. This is because of several factors. The need was always there. There is a huge population that desperately wants a house but can’t afford to pay for it. And in cities like Bombay, Delhi, Calcutta etc where half of the population stays in slums, for the right and wrong reasons, everybody would like to see affordable housing take some of that pressure away.

The people staying in slums don’t expect miracle to happen and life never give them more then there requirement. The only instinct that keeps them up it to fight for the best.

Requirement of Affordable Housing in India

Then there is the inevitable surge in urbanization — even in overcrowded Cities in India. With a few million more people in India expected to ‘urbanise’ within the next decade, the entire country will face the problem of affordable housing.

Linked to that is the question:

Why has it not been possible? What are the things that should be done to make it possible?  Why has ‘affordable housing’ become both a social and political issue in the first place? Is it because houses are not affordable? Is this peculiar only to metropolitan areas, or does it extends to the whole of India? What should be done to make houses more affordable?

Indeed, the Obsolete infrastructure has turned as curse for the society.

A proper channel and frame work is required to fight from the deficiency of Affordable house in India. In wake of that, Government and private business developers have to set some concrete goal and policies on housing so that it is ensured that everyone has the opportunity of living in a decent home, which they can afford, in a community where they want to live.

Hope, concept of affordable housing will pave a way to that direction.

A Pocket wise and A Pocket Size Housing: An Affordable Housing!

Affordable Housing in India has become the new mantra for everyone related to the realty sector in the country. From buyers and sellers to the realtors and investors, everyone is pitching for affordable housing.

Till now, Indian developers have focused on mid to high income households.  The acute shortage of housing for the economically weaker sections (EWS) of society have been neglected and ignored. But more recently, the housing gap has been a focus and the aim is to shorten it.

An Affordable House for all.

The government is depending upon partnerships with the private sector to shorten the housing gap. Public private partnerships (PPP) are the way forward. This implies that government will set up the enabling framework and private sector players like developers and microfinance institutions (MFIs) will partner to deliver the affordable housing units.

VAH wishes to create dynamic affordable housing developments that hold basic dynamic features such as primary schools, health clinics, general stores and parks.