prasad1
Active member
"The government's vision of Housing for All by 2022, requires about 11 crore houses (about 35,000 houses each day) to be developed with an investment of more than US$2 trillion. With the compounded annual growth rate in investment of 5% to 6% in the housing sector witnessed in last few years, a short fall of about US$500 to 600 billion in investments is envisaged to meet the vision by 2022. About 70% of the housing needs until 2022 are estimated to be concentrated in nine states, with Uttar Pradesh and Maharashtra accounting for 18% and 9% respectively," it says.
Further, it is the urban affordable housing (houses for EWS/LIG households) where major support is required. Several requisite policies and regulations promoting better coordination between housing stakeholders; delegation of power to urban local bodies; rationalisation of statutory charges and taxes; a relook at development norms; and steps to help reduce project cost and schedule overruns need to be introduced, says Neeraj Bansal, partner and head of real estate and construction, KPMG in India.
The KPMG study estimates that 70% of the housing needs would be concentrated in the states of Uttar Pradesh, Bihar, Maharashtra, West Bengal, Madhya Pradesh, Andhra Pradesh (including Telangana), Rajasthan, Tamil Nadu, and Karnataka.
Can 35,000 houses be built in a day? - Hindustan Times
Further, it is the urban affordable housing (houses for EWS/LIG households) where major support is required. Several requisite policies and regulations promoting better coordination between housing stakeholders; delegation of power to urban local bodies; rationalisation of statutory charges and taxes; a relook at development norms; and steps to help reduce project cost and schedule overruns need to be introduced, says Neeraj Bansal, partner and head of real estate and construction, KPMG in India.
The KPMG study estimates that 70% of the housing needs would be concentrated in the states of Uttar Pradesh, Bihar, Maharashtra, West Bengal, Madhya Pradesh, Andhra Pradesh (including Telangana), Rajasthan, Tamil Nadu, and Karnataka.
Can 35,000 houses be built in a day? - Hindustan Times