Pradhan Mantri Awas Yojna

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Pradhan Mantri Awas Yojana

• Housing for all 2022

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(No Transcript)
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Demand for Affordable Houses for EWS

• Development can have two meanings, for some it
  may be the wealth or luxury and for some it may
  be the countrys peace, fulfillment of basic
  needs of an Individual and happiness.
• Any country attains a label of developed
  country/state by Global standards of
  urbanization only when it assures peace and
  prosperity to its every citizen. Any development
  in real estate has to be sustainable development
  and not only just a profitable development for
  the builder or the investor. We need more and
  more affordable houses if we wish to anticipate
  and see a long term development in India.

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• Affordability also has different meaning for
  different section of people. What affordability
  is for a lower or middle income group may be
  luxury for an urban poor. Hence, Pradhan Mantra
  Awas Yojna and many other affordable housing
  schemes should define affordability in terms of
  these three sections- LIG, MIG and EWS.
• People are migrating in search of jobs and better
  lifestyle from rural areas to urban. As urban
  cities are growing with time and tide, job
  seekers are moving here and settling down.
  According to the recent census population in
  Urban Area from last ten years has increased to
  31 percent from 28 percent. Whereas in rural it
  has decreased from 72 percent to 69 percent. For
  the first time it happened in the history since
  independence that the urban population has
  increased at this rate. And definitely with
  growing cities and advancement migrated
  population in urban areas will rise.

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• Finding solution for it there came many
  affordable housing schemes focusing on to provide
  housing for all. Recent PM Awas Yojana launched
  in 2015 by our honorable Pradhan Mantri Mr.
  Narendra Modi also aimed to work on uplifting the
  less privileged section of the society. The
  government concern should be for Economically
  Weaker Section (EWS) over Lower o middle income
  group. LIG or MIG have the capability to own
  their proper house with basic amenities like a
  proper toilet, separate kitchen, 24 hours
  electricity and adequate amount of water supply.
  This segment monthly income ranges from Rs 25,000
  to Rs 70,000 therefore there buying power is
  much better than that of the EWS. For private
  builder and sponsors in Real estate market LIG
  and MIG are expected customers. But what
  government and big real estate owners and
  developers should concentrate on is the section
  that cannot afford houses in urban areas.

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• There should not be any urban poor living in a
  kaccha house or slum areas especially in urban
  cities should be eradicated by providing a pucca
  ghar to all, if we really aim for sustainable
  development in India.
• Source of Content - https//realestatenewandafford
  ableprojects.wordpress.com/2016/05/23/demand-for-a
  ffordable-houses-for-ews/

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