Can budget 2013 boost rental housing scheme in India?

In a country that faces housing shortage of 18.78 million units ( Census 2011) nearly 11 million housing units are lying vacant as there are not enough takers. Is it not ironical? Rental housing schemes are a possible answer to this pressing concern. With the Union Budget 2013-14 around, affordability in the housing sector seems to be major issue that policymakers need to address. However, it needs to be seen if rental housing schemes would form a part of the budget discussion. “Rental Housing scheme is a good way to overcome the acute housing shortage that prevails in India today as it offers a low cost option to those unable

In a country that faces housing shortage of 18.78 million units ( Census 2011) nearly 11 million housing units are lying vacant as there are not enough takers. Is it not ironical? Rental housing schemes are a possible answer to this pressing concern. With the Union Budget 2013-14 around, affordability in the housing sector seems to be major issue that policymakers need to address. However, it needs to be seen if rental housing schemes would form a part of the budget discussion. “Rental Housing scheme is a good way to overcome the acute housing shortage that prevails in India today as it offers a low cost option to those unable

[via India Properties – Real Estate India – Indian Property News Site]

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