Identification of Indicators for affordable housing in Indian Scenario
Keywords:
Affordable housing, Public Policy, Housing shortage, urban housing, Public-private partnershipAbstract
The world is changing rapidly as the twenty-first century begins, but adequate and affordable housing remains a concern for all countries. To address pressing issues such as slum reduction, economic and social development, and climate change, a new understanding of housing is required. Housing is no longer just a roof; it now plays an important role in achieving sustainable development, as the concept of sustainable housing envisions. This targets to identify the indicators for affordable housing in India. Rapid urbanization including migration to towns have created rigorous urban housing shortages within India, mainly for the economically weaker segments and low-income groups. To bridge aforementioned demand–supply gap we necessitate a substantial abundance of affordable houses in India. To outlines the prevailing situation toward affordable housing including study the different policies and schemes concerning central, state and local governments concerning affordable housing. Understanding urban housing regulations policy and guideline reforms on private participation investment in urban affordable housing, to subdue housing shortage by 2022 in India.
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