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Government schemes

The government wants to make affordable housing a hit. But factors that can break it are too many.

From tweaking policy to offering incentives, the government is pushing affordable housing. But the needle won’t move further unless support infrastructure and road connectivity improve, and issues relating to approvals and land are ironed out.
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kailashmb
12 Sep 2019 5 Mins Read 2 comments
A labourer drives a tractor past building material at a construction site for affordable housing in Gurugram. Getty Images
A labourer drives a tractor past building material at a construction site for affordable housing in Gurugram.
Riding on the government’s goal to provide ‘housing for all by 2022’, and policy push and sops, affordable housing has emerged as a bright spot amid the lingering gloom in real estate. Builders, who earlier shied away from affordable housing, are today holding huge portfolios under the segment. The sector was given the much-needed infrastructure status in the Union
can review the prices of affordable housing in major metros, where the requirement of cheaper urban housing is higher. If the prices are set in tune with the needs of the metro region, more and more prospective homebuyers will be able to avail the benefits brought in through the government policies announced so far. ( Graphics by Sadhana Saxena)
Riding on the government’s goal to provide ‘housing for all by 2022’, and policy push and sops, affordable housing has emerged as a bright spot amid the lingering gloom in real estate. Builders, who earlier shied away from affordable housing, are today holding huge portfolios under the segment. The sector was given the much-needed infrastructure status in the Union can review the prices of affordable housing in major metros, where the requirement of cheaper urban housing is higher. If the prices are set in tune with the needs of the metro region, more and more prospective homebuyers will be able to avail the benefits brought in through the government policies announced so far. ( Graphics by Sadhana Saxena)

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