Such large scale urbanisation has largely been the result of a changing socio-economic structure. Unfortunately, this migration also fuelled an already existing housing crisis, creating massive demands for affordable, yet good quality housing in the metropolitan and suburban areas of India.
To tackle this situation, the Government of India introduced several schemes to provide affordable housing to the economically weaker section of the community. These range from credit linked subsidy schemes to discounted housing units.
Such government housing schemes are beneficial mostly for individuals hailing from lower and middle-income group.
- Every now and then you see small startups make it big in the market. From a customer perspective it might appear the efforts of solely the business itself.