Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Middle Class Indians have nowhere to live

vikram · 12-09-07

Its ridiculous that some one is trying to escalate over a simple remark, and introducing politics at the forum.

Classification of income groups is an essential part of demographics and form basis in formulating economic policies.

Any ways to add to the information huge public housing schemes like National Urban Renewal Mission and Indira Awaas Yojana are under progress at various stages at different parts of the country and due focus has been given on the EWS (Economically Weaker Section) category.

People having incomes lower than Rs 25,000 a year will be alloted the flats at price band below 1-1.5 lakh, and similarly the flats will be given to the families in accordance with their economic state. The loan facility is also there in place.

Besides public construction projects, builders and developers too are encouraged for building EWS flats and a host of incentives like rebates in land rates, finance, taxes etc is also being offered to them. And it is working in tier 2 and tier 3 cities!!!

12-09-07	#4
vikram Member Join Date: Jul 2007 Posts: 50 Thanks: 0 Thanked 0 Times in 0 Posts	Light at the end of tunnel Its ridiculous that some one is trying to escalate over a simple remark, and introducing politics at the forum. Classification of income groups is an essential part of demographics and form basis in formulating economic policies. Any ways to add to the information huge public housing schemes like National Urban Renewal Mission and Indira Awaas Yojana are under progress at various stages at different parts of the country and due focus has been given on the EWS (Economically Weaker Section) category. People having incomes lower than Rs 25,000 a year will be alloted the flats at price band below 1-1.5 lakh, and similarly the flats will be given to the families in accordance with their economic state. The loan facility is also there in place. Besides public construction projects, builders and developers too are encouraged for building EWS flats and a host of incentives like rebates in land rates, finance, taxes etc is also being offered to them. And it is working in tier 2 and tier 3 cities!!! Last edited by vikram; 12-09-07 at 12:14 PM.