Abstract:
India’s Urban Population has grown over the past 3-4 decades from 109 million in 1971 to 377 million in 2011 and is expected to grow to almost 600 million by 2030. While rapid urbanization and growing cities provide various opportunities, there are Fallout in terms of proliferation of slums, high prices of land and building materials Which render houses unaffordable for the segment at the bottom of the pyramid? The scheme of Affordable Housing in Partnership aims to encourage private sector participation in creation of affordable housing stock recognising that mere efforts of Government would be insufficient to address the housing shortage. It was earlier introduced in 2009 as part of BSUP component of JNNURM and subsequently, Affordable Housing in Partnership was dovetailed with Rajiv Awas Yojana (RAY) in 2011.
