Navigation


RSS: articles



Shortage of 3 crore houses in the country.


by: Guest | Total views: 20 | Word Count: 451 | View PDF | Print View
Share This Article AddThis Social Bookmark Button AddThis Feed Button



Presently India is facing shortage of more than 3 crore houses. If the state governments do not make appropriate arrangements in this direction for appropriate land and construction activities are not acclerated according to demand, the shortage of houses may be doubled by the end of 11 th five year plan.

As per the statement of central habitation and urban poverty eradication ministry that due to heavy cost in the residential sector and deficit in budget at contral and state leval, private sector, co-operative sector, industrial sector and institutional sector have been recognized active partners under the new residential policy.

Its aim is to accelerate the construction of houses according to the requirement of all categories of society. Though public partnership was augmented for construction during the 10 th five year plan, yet construction of houses lagged behind the target considerably as a whole. Now during the 11the five year plan more public partnership will be evolved and simultaneously industrial and institutional sectors will be more and more encouraged to construct houses for labor and employees connected with them.

Sources indicate that with which speed the people from rural area are coming to cities in search of job and making their habitation, keeping in view the same it is essential to emphasize the need to target the construction of houses in plenty for poor and low income group people in metro cities and all levels of big and small towns. To achieve this target, it has been decided to increase the government and public partnership. If you look at the present shortage of residential units, you will find that demand of EWSand low income group people is more than 90%.


During the next decade, 40% of our population will become the part and parcel of cities. It means that more and more people will be fleeing to cities in forthcoming years. Consequently percentage of EWS and low income group (LIG) people will increase. We will have to concentrate more in this direction to fulfil their residential demand. The share of urbanized poors in the country is about 30%.

To overcome this shortage, the government is encouraging big builders that they obtain plots form government and make township and ensure the construction of houses for EWS and LIG categories. At state level, the allotment of plots to private companies shall be made on predetermined terms so that they are made partners in fulfilling the social responsibility.






Share This Article AddThis Social Bookmark Button AddThis Feed Button


Rating: Not yet rated
Next Article - Using A Good Faith Estimate and Previous Article - Important tips for buying property.

About the Author

I m Rehan khan i m article writer plz visit my website www.zameen-zaidad.com thanks sir/madam

Comments

No comments posted.

Add Comment




Popular Articles about: Real Estate

1: Renter's Rights in New York City
2: The Future of the Housing Market
3: Where New York City Apartments Fall in the Global Economy
4: Tenerife Property On The Rise For 2008
5: Buying and Renting in Atlanta
6: Euro Set To Spur 2008 Malta Real Estate
7: Renting and Buying in Boston
8: More Foreign Buyers Increase Demand for New York Real Estate
9: How Can You Make Money Through Real Estate Investing
10: Is the Superfund Capable of Restoring Confidence?
11: Economic Development: Seven Clues to Successful Incubators
12: Real Estate Flipping: Is It Legal?
13: Brief guide to repossession
14: Tips for selling your house
15: Foreclosure rescue and Foreclosure Options
16: Investing in Real Estate
17: Renting and Buying a Home in Dallas
18: Investing in Florida Beach Real Estate
19: Important tips for buying property.
20: Sandra Apartments Cyprus
21: Cash Buyers And Selling Your Property Fast
22: Why The Mortgage & Banking Industry’s Latest Attempt To Fix The Housing Debacle Will Fail
23: Trials and Tribulations in the New York City Rental Market
24: Why Buy A Short Sale?
25: Buying A Home, The Best Investment You Can Make
26: Problems In Rented Houses
27: making real estate investing work-when you're married
28: Learn How A Website Can Help Your Real Estate Investing Business
29: Buying Properties - 5 Most Common Mistakes of An Unprepared Buyer
30: How to Handle Disputes with Your New York City Landlord


Categories


Main Menu

Get Daily New Articles
in your INBOX
Enter your email address:


Sponsors

Special web hosting offer - LIMITED TIME ONLY

Top Blogs

Friends



Shortage of 3 crore houses in the country. - Free Article Directory