Increasing the Supply of Affordable Housing in Urban India - Mumbai
Other literature type
- Publisher: Purdue University
Social sciences | Applied sciences | Affordable housing | Housing | Housing in india | Land concerns | Private developers | Civil Engineering | South and Southeast Asian Languages and Societies | Urban Studies and Planning
The need for housing in today's world is irrefutable. The growing population, accompanied with the fast pace of urbanization, are producing great housing demand, in urban areas in particular. This study focused on one segment of housing - affordable housing, in Mumbai, India, the demand for which has been on a steady rise over the past decade. Though traditionally the State was the provider of affordable housing, private sector has been increasingly involved in the segment, beginning the economic meltdown of 2008-2009. Yet there is a huge demand-supply gap that exists, which needs to be filled. The researcher looks at private developers as a solution to this issue. By identifying one of their key concerns when dealing with this segment of housing, and building a framework for best practices in the given area of concern, this study hopes to entice private developers to be more involved in developing affordable housing.
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