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- This is a slight deviation from the Housaing policy discussions/forum...
I am given to understand that the Central Government is making it mandatory for all States to enact/modify the existing laws/rules w.r.t. developers undertaking new colonies/layout developments/group houisng schemes wherein a certain percentage of the dwelling units/flats are required to be set apart for social groups like EWS and LIG in the new colonies/group housing schems/townships and dispose of only to such segments in such sites.
Have any of the States enacted such rules? How can the develoepr acheive such a social mix where the land values are exhorbitant and affordability question comes not only in terms of financial but also in terms of social and cultural values, etc. Also would not these provisions be challengable in court of law legally ? Any ideas/suggestions?
This would surely in a way mitigate teh housing shortage if develoeprs are able to create markets and cater to the above segments...
- Foreign investment
It is a tough problem finding a good balance between covering domestic demand and foreign demand for housing (who are willing to pay higher prices than most locals).
What are the options to give Indian people their right to housing without dispelling foreign investors and expats?CommentQuote0Flag