ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Swastik HarishSubscribe to Swastik Harish

Affordable Rental Housing Complexes Scheme and Private Rental Housing in Indian Cities

Intended or not, projects under the Affordable Rental Housing Complexes scheme will compete with private rental housing options in Indian cities. Examining the scheme guidelines and using data from the National Sample Survey Office, this article establishes the dimensions of this competition, and the chances of ARHC projects to participate in the `1.2 lakh crore rental housing market in urban India. ARHC projects could have better quality/rent ratios as compared to private rental housing. However, their profit-centred models will face locational and management disadvantages, and also reduce tenure security, leading to lack of demand and limited outcomes.

 

Public Social Rental Housing in India

While it is recognised that diversity in housing tenure options is a key enabler for low-income families to enter and engage with the urban economy, public housing providers and policymakers claim there are several impediments to the provision of subsidised rental housing. What is the nature of these challenges? What will it take to trigger and sustain a rental housing market in Indian cities that is both public and social? Through an analysis of current public policy recommendations and relevant cases of public provision of rental housing, this paper unbundles these challenges, focusing on the management of social rental housing, tax and governance issues, and lastly, fiscal challenges and new opportunities in rental housing.

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