Affordable Housing: Policy and Practice in India
IIMB Management Review, Volume 27, Issue 2, June 2015, Pages 129-140, ISSN 0970-3896
12 Pages Posted: 26 Jul 2015
Date Written: March 15, 2015
Affordable housing is a problem that many countries are taking stock of, world over. In India, the problem is much more stark with an estimated shortage of around 18 million houses, with 99% of this in the economically weaker sections of society. This paper sets out the definitions of affordable housing in India and across the world; the issues with the various definitions of affordable housing; the institutions and agencies responsible for formulating and implementing affordable housing policies in the state; the opportunities and challenges in affordable housing as well as a discussion on learnings from international experience in this sector.
Keywords: Affordable housing, Public policy, Stakeholder participation, State subsidies, Low-income housing, India
JEL Classification: R11, R13, R31, R52
Suggested Citation: Suggested Citation