Affordable Housing in Urban India
This policy briefs about the problems in urban areas and proposes solutions some highlights are here: Problem Highlight:
• 65 million Indians live in slums or substandard housing
• Prohibitive costs of private housing projects make them unaffordable
Proposed Solutions:
• Bank loans for purchasing land for affordable housing
• Reduce land costs through higher FSI/FAR provision
• Lower registration charges
• Shorter approval cycle