Af­ford­able hous­ing in Ur­ban Cities

Accommodation Times - - Nation -

Af­ford­able hous­ing is a very im­por­tant and se­ri­ous topic in real es­tate sec­tor and es­pe­cially in Mumbai’s real es­tate mar­ket, as there is a huge de­mand for af­ford­able homes in the city. Some of the real es­tate in­dus­try as­so­ci­ated peo­ple has gave their in­puts on what they are ex­pect­ing the govern­ment to do about af­ford­able hous­ing? Here are their views on it. Nitin Killawala, Ar­chi­tect and Ur­ban planner. “In Sin­ga­pore, 85 per cent of the houses, from low-cost to hi-end, are de­vel­oped by the hous­ing board. With 60 per cent of Mumbai’s pop­u­la­tion liv­ing in slums, pri­vate builders cur­rently cater to only about seven per cent of the hous­ing needs. There is so much po­ten­tial for a pro-ac­tive govern­ment role in pro­vid­ing af­ford­able hous­ing and giv­ing a tough com­pe­ti­tion to builders.” Ur­ban planner Pankaj Joshi of the Ur­ban De­sign Re­search In­sti­tute

“Ur­ban poverty is not be­cause peo­ple chose to stay in slums but they are forced to as there is no other op­tion. So, the govern­ment, rather than cel­e­brat­ing the ex­ten­sion of cut off date, should fo­cus on is­sues like how it will cre­ate af­ford­able hous­ing for the poor,” Anand Gupta Gen­eral

Sec­re­tary BAI. “Ret­ro­grade and cen­turies- old po­lices of the state govern­ment have left lakhs of peo­ple crav­ing for not only an af­ford­able home, but also for proper in­fra­struc­ture. Un­for­tu­nately, the state govern­ment has not shown any pos­i­tive sign to re­vive the dreams of own­ing a home, ex­cept the new real es­tate reg­u­la­tion bill, which too has many loop­holes.” Chan­drashekhar Prabhu noted Hous­ing Ac­tivist.

“Un­like the tele­com and power reg­u­la­tors, the hous­ing reg­u­la­tor does not ad­dress the crit­i­cal is­sue of pric­ing. The main prob­lem in Mumbai is the lack of af­ford­able hous­ing. This law is al­most silent on pric­ing. So, own­ing a home a flat in Mumbai is go­ing to be re­main a dream,”

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