Centre for Social and Economic Progress’ Post

A fascinating and indepth analysis of whats working and whats not, in one of the most ambitious schemes for low cost housing ever.

Flats (apartment style housing) for India’s low-income and poor urban households 1. PMAY-U 2.0’s AHP guidelines published last week mention two EWS (household annual income Rs 3 lakh or less) flats models- - Model 1: public sector EWS flats subsidised through 'supply side subsidies' - Model 2: private sector EWS flats to be subsidised through the demand side 'housing voucher' subsidy. 2. Model 2 is new and its introduction is encouraging in light of our paper's finding that Model 1 'supply side subsidies' failed to catalyse private sector developer participation in PMAY-U's phase 1. 3. But in the end addressing the underlying financial viability issues, myriad land issues and lack of beneficiary interest as discussed in Section 7 of our paper, will be critical to both Model 1 and Model 2's success. To know more: Read our paper at https://lnkd.in/gnbc_dXD PMAY 2.0's guidelines can be accessed at https://lnkd.in/gU4rmd6g Rashmi K. Centre for Social and Economic Progress Ministry of Housing and Urban Affairs #housing #affordable #poor

🏙️ Is India's Urban Planning Approach Right? In the current scenario, India's urban planning predominantly emphasizes physical development over policy changes. But is this the right approach? While physical planning is crucial for infrastructure and aesthetics, neglecting policy reforms could hinder long-term sustainability and inclusivity. Policies shape how cities function, impacting everything from housing affordability to environmental conservation. Striking a balance between physical planning and policy reforms is essential. We need robust regulations to guide development and ensure equitable access to resources. Without this, rapid urbanization risks exacerbating existing challenges like inequality and environmental degradation. Let's rethink our urban planning strategy to prioritize both tangible improvements and systemic changes. Only then can we build cities that truly serve all citizens, now and in the future. 🌆💡 #UrbanPlanning #PolicyReform #India"

Got the opportunity to hear Gurbachan Singh talk on 'Why land is expensive in India and What can be done about it?' The talk focused on how #India can address key issues to enable #urbanisation and #realestate development that are integral for the #economy's growth and #development Summarizing 5 key takeaways from the event: - Phasing out the LPQ Raj in urban India can make it easier to amend pricing provisions in the 2013 Land Acquisition Act - Multiple approval processes and rigidity among state development authorities is an issue that needs to be addressed - Town planners demarcate relatively smaller areas for development which hinders urbanisation - The goal of developing 100 new cities can be manageable in a phased manner, if the enabling policy framework is in place - Since India is a labour and land abundant country, and real estate development is labour intensive, it can help solve the #unemployment issues as well #BuildingIndia #Urbanisation #India2047 #India2030 #Unemployment #Economicgrowth Centre for Social and Economic Progress

With the aspiration to accelerate India’s ongoing economic growth and realize the vision of Vikist Bharat, the Budget 2024–25 intends to facilitate the implementation of an inclusive and sustainable roadmap. To generate ample opportunities for all, the Government of India in its budget has identified 9 priority sectors, in the need to facilitate the anticipated sustainable transformation. The priority sectors include: ▪️Productivity & Resilience in Agriculture ▪️Employment & Skilling ▪️Inclusive Human Resource Dev. & Social Justice ▪️Manufacturing & Services ▪️Urban Development ▪️Energy Security ▪️Infrastructure ▪️Innovation, Research & Development ▪️Next Generation Reforms Specific to cities, the following strategies have been proposed as part of the budget to promote sustainable urban development. 🏘️ Cities as Growth Hubs Focus would be on economic growth of cities while undertaking efficient transit planning and development of peri-urban areas via Town Planning Schemes. 🏚 Creative Redevelopment of Cities Focus would be on brownfield redevelopment along with enabling policies, market mechanisms, and regulations. 🚝 Transit-Oriented Development Focus would be on formulating TOD plans for 14 large cities (>30 lakh population) along with innovative implementation and financing strategies. 🏣 Urban Housing Focus would be on fulfilling housing needs of 1 crore urban poor and middle-class households, via interest subsidies on housing loans and transparent rental housing markets. 💦 Water Supply and Sanitation Focus would be on promoting adequate water supply, sewage treatment, and solid waste management in 100 large cities, utilizing treated water for irrigation and other purposes. 🌯 Street Markets Focus would be on developing 100 weekly haats, or street food hubs in cities; transforming the lives of urban street vendors. 💸 Stamp Duty Focus would be on lowering the stamp duty charges for properties purchased by women. Under ‘Next Generation Reforms’, the budget also proposes to focus on the digitization of land records. This would assist the local governments in managing urban land efficiently; promptly making it available for housing and infrastructure development. Though all the proposed actions can certainly improve the quality of life in cities, by making them dense, compact, affordable and inclusive, but innovative financing, implementation plans, and monitoring and evaluation frameworks would be essential to achieve the desired goal of sustainable urban development. Key Features of Budget 2024-25 | https://lnkd.in/gGyEq95m #budget #sustainabledevelopment #inclusivedevelopment #roadmap #viksitbharat #vision2047 #cities #urbanplanning #sustainablecities #urbaninfrastructure #integratedplanning #transitorienteddevelopment #redevelopment #water #sewerage #solidwaste #waterharvesting #goals #actions #strategies #innovativefinancing #landvaluecapture #implementation #monitoring #evaluation #qualityoflife

🏠 Addressing the Imperative of #Affordable Housing in India: A Path to #Inclusive Development 🌍 Access to affordable housing remains a critical issue in India, affecting millions of #families and individuals across urban and rural areas. As we navigate the challenges of rapid #urbanization and population growth, ensuring affordable housing solutions is not just a goal but a necessity for #sustainable development. The #demand for affordable housing in India is projected to rise significantly in the coming years, driven by factors such as increasing urbanization, migration from rural areas, and the growth of #nuclear families. According to recent estimates, the urban housing shortage alone stands at over #18 million units, #underscoring the scale of the challenge we face. In response to this pressing need, initiatives like the Pradhan Mantri Awas Yojana (PMAY) have been instrumental in promoting affordable housing for all segments of society. #PMAY aims to provide financial assistance and incentives to facilitate the construction of affordable homes, particularly targeting economically weaker sections (EWS), low-income groups (#LIG), and middle-income groups (#MIG). The initiative has made significant strides, with millions of homes already sanctioned and under construction across the country. However, the #road to affordable housing is paved with challenges. Land acquisition costs, #regulatory complexities, and financing constraints often hinder the timely completion and affordability of housing projects. #Collaborative efforts between the government, private sector developers, financial institutions, and #NGOs are crucial to overcoming these barriers. Technology and innovation are emerging as game-changers in the affordable housing sector. #Prefabricated construction techniques, for example, can reduce construction time and costs while maintaining quality standards. Additionally, sustainable building practices not only contribute to #environmental #conservation but also lower operational costs for homeowners in the long run. To achieve sustainable outcomes, it's imperative to adopt a holistic approach that integrates urban #planning, infrastructure development, and community engagement. By prioritizing the needs of #vulnerable populations and empowering local communities, we can create inclusive neighborhoods where everyone has access to safe, decent, and affordable housing. #AffordableHousing #PMAY #SustainableDevelopment #RealEstate #India #Urbanization #HousingForAll #RERA #Developers #Agents #Promoters #Builders #Homebuyers

Why Are Affordable Housing Options In India VANISHING? | Let's Get REal With Manisha Natarajan Affordable, well-located housing options in India's top cities are vanishing fast. In the first episode of #LetsGetReal With Manisha Natarajan, we unpack why this is, and whether the #UnionBudget2025 can actually do anything about it. Watch the full video: https://lnkd.in/dgzHUqfP #realestate #budget2025 #affordablehousing #TierOneCities

Pradhan Mantri Awas Yojana-Urban 2.0 Scheme In a country where the urban population is expected to reach 600 million by 2031, the construction of these 1 crore houses is not just about providing shelter but also about boosting economic growth. The scheme is expected to generate millions of jobs in the construction sector and related industries, contributing significantly to India's GDP. By focusing on environmentally sustainable construction practices, PMAY-U 2.0 aims to create a positive impact on the environment while addressing the housing needs of the most vulnerable sections of society. Under the Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) scheme, the Government of India has set an ambitious target to construct 1 crore houses for urban poor and middle-class families by August 2024. This initiative is a significant step towards achieving the vision of "Housing for All," ensuring that every citizen has access to affordable, safe, and sustainable housing. The PMAY-U 2.0 scheme, launched with an enhanced focus on inclusivity and urban development, addresses the growing demand for housing in rapidly expanding cities. Since its inception, over 1.2 crore houses have already been sanctioned under the broader PMAY-U mission, transforming the lives of millions by providing them with secure homes. With the government's continued commitment, PMAY-U 2.0 is surely going to bring in change in India's urban landscape, offering a path to a brighter and more secure future for millions of families. #PMAYUrban #HousingForAll #AffordableHousing #UrbanDevelopment #SustainableLiving #EconomicGrowth #InclusiveDevelopment #India2024 #UrbanTransformation #HousingRevolution

#Urbanisation is inevitable in a developed nation, but will we be ready for its challenges by #2047? CPPR's Senior Research Associate Lizbeth Godwin has a thought-provoking take on what needs to change today. For more details of our work on #MunicipalFinances and #PublicTransportation, check out these projects: Unlocking the Potential of Municipal Financing in India https://lnkd.in/gRyv7UQX Defending Decentralisation in Kerala: Probing the Autonomy of Kerala’s Urban Local Bodies https://lnkd.in/gE3k4_Ra An Assessment of the Intermediate Public Transport (IPT) Sector in India https://lnkd.in/gS4snwrK Role Of Markets In Indian Road Transport System https://lnkd.in/g3zxxcxC #ViksitBharat #IndependenceDay #decentralisation #India #kerala #publicpolicy #urbangovernance #buses #CPPRIndia #thinktank

Our founder Pratima Joshi will be sharing her views on innovations in affordable housing. Shelter Associates has resettled 8000 individuals from vulnerable slums through the implementation of three major projects in Pune and Sangli-Miraj. These projects demonstrate a workable alternative to the typical slum rehabilitation. By involving the communities in planning and designing their own houses, ensuring tenure security, well-designed internal spaces and infrastructural amenities, Shelter has demonstrated a workable alternative to the typical slum rehabilitation projects that are prioritized by the government which fail to take cognizance of ground realities; and are implemented in an intrusive and opaque manner. The housing social projects implemented by SA are: (1) Based on accurate data which has been spatially organized. (2) Generated from a city-wide approach that considers housing as an integral part of the city along with areas of employment, healthcare, education, and convenience. (3) Implemented in partnership with the communities. This is how a slum transforms in a society that provides a safe and secure living for generations. #UrbanDevelopment #Governance #UrbanHousing #AffordableHousing #inclusivedevelopment