 "The year was a mixed bag for the real estate industry as housing supply slowed down but record investments came in. Industry experts believe that demand will stabilise as sales are likely to be lower compared to 2023.")
The biggest challenge for India’s housing policy has been enabling the development of adequate formal housing for the urban poor and low-income households in the country’s million-plus cities. India’s urban housing policy bundles these households into the economically weaker section (EWS) income group — defined as households with an annual income of ₹3 lakh or less, and housing programmes of the Union and state governments mostly target this group. This focus is spot on. Empirical studies show that the share of EWS households among inadequately housed households has been increasing — from 96 per cent in 2012, according to the
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