Development Paradigms for Urban Housing in BRICS Countries

Type Book Section - Housing Development in a Developing India
Title Development Paradigms for Urban Housing in BRICS Countries
Author(s)
Publication (Day/Month/Year) 2016
Page numbers 83-139
Publisher Springer
URL https://link.springer.com/chapter/10.1057/978-1-137-44610-7_4
Abstract
There is a massive housing shortage in India with 51 million people in 2011 without adequate housing. Although India has a long history of establishing policies, programs, and institutions to cater for housing, in the absence of adequate resources, their impact in ameliorating the shortage has been marginal. This chapter argues that to address India's housing shortage there is a desperate need to assemble various pieces of a jigsaw, which include: (i) inclusion of housing as a constitutional right; (ii) resolving issues of unclear land titles and ensuing claims; (iii) building adequate financial resources for affordable housing programs; (iv) building responsive instruments to facilitate the affordability of housing among all income segments; (v) overcoming market segmentation, which is currently catering to the housing needs of creditworthy clients and is overlooking the growing demand from middle and lower income segments.

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