When Affordability Becomes Elusive: The Urban Housing Challenge in India
For over a decade, affordable housing has been positioned as a cornerstone of India’s urban development program. Government schemes such as Pradhan Mantri Awas Yojana- Urban (PMAY-U), new financing norms and private-sector innovations were expected to unlock millions of homes for low- and middle-income families. Despite these policy initiatives, the affordable housing segment appears to…
