Urban Housing Shortage

India's urban housing crunch needs more than subsidies-it needs a policy reset that makes affordable homes viable for builders, investors and cities alike

Demand for affordable housing projected to reach 30 mn units by 2030

Supply of these compact living spaces, though, has been falling since the pandemic, with little sign of recovery despite a spate of new launches in urban centres

Union Budget 2024-25: Emphasis on employment, skilling, and MSMEs, but no tax relief for the middle class

Chief Minister Shivraj Singh Chouhan announced this at a public meeting in Indore

While posing a complex challenge, slums also offer a unique opportunity for morally and economically imperative urban development

It would take the government another five years to construct all houses sanctioned under Pradhan Mantri Awas Yojana (urban).

This is based on the number of physically inadequately housed households, according to a research paper

The government will use its own surplus land to build affordable homes and address this shortage