This page is to have the following sections:
The challenge for Affordable Housing in Pune
- estimated current requirement (from Shelter and Mashal data)
- estimated future requirement
Current Options and Suggestions for these
- Current options available for Affordable Housing
- Through Slum Rehabilitation Authority
- Locations where a sites and services approach may be feasible
- To what extent are these expected to meet the different categories of demand they are meant for
- Suggestions for modification of existing options to enhance their ability to meet demand and reduce adverse social and environmental impacts associated with them (if any)
Experiences of Affordable Housing Provision
- Affordable housing provisions made in the recently created Delhi and Bangalore Master Plans
- Affordable housing experience in other cities (London, New York, Central American and Asian cities) and how well these are working till date
- See a slide show of four rehabilitation sites
- All Skyscraper, No Sign Of Sky Article in the Times of India, 26 Sep 08 by Shirish B Patel states that Mumbai's future depends entirely on whether or not the World War II Rent Act is amended, and whether the belief in the mirage of free slum housing continues.
National Policy Advise
- Recommendations in the National Housing and Habitat Policy
- Recommendations in XI Plan document on Housing
Financing Options for Affordable Housing
- List and compare the range of financing options that make housing ‘affordable’
- Subsidy for land costs
- Increased access to financing, etc.
From XI Plan Chapter 11 Urban Infrastructure, Housing, Basic Services and Poverty Alleviation (pg 412)
- Financing of Housing Loans
- • Most of the clients of Housing Finance Institutions/banks under retail home loans belong to MIG/HIG categories and housing loan finance still remains unaffordable in a large way to the EWS/LIG sections.
- • Only 0.2% of housing loans extended by HFCs are of value less than Rs 50000 and about 7% of housing loans is of value between Rs 50000–100000.
- • More than 73% of housing loans extended by HFCs is of value exceeding Rs 3 lakh and about 93% of value exceeding Rs 1 lakh
- • The fastest growing housing value bracket is between Rs 10 lakh to Rs 25 lakh.
- • This highlights the need to evolve a system or a scheme for financing housing loans on a large scale for the lower income groups whose affordability for housing loans falls in the range below Rs 3 lakh, as over 90% of the housing shortage is on account of EWS/LIG.
Affordable Housing in the Future
- Given the future demand for affordable housing, what should be incorporated into the Pune Development Plan currently being evolved, towards
- Principles for Affordable Housing
- Development Control rules
- Integration of affordable housing sites with transport network to work-places
- Financial mechanisms
- Systems to implement, monitor and review these
Health and Wellbeing as Indicators for Affordable Housing
A set of indicators to assess and review the progress of provision of affordable housing in Pune are being posited, including ‘health’ which is interpreted as wellness and quality of life and opportunities to contribute to society and not as absence of disease).
Shelter Associates, 2007 Comprehensive strategies for housing the urban poor of Pune