Disparate factors, including non-affordability, inconveniently located units lacking access to basic urban services, limited access to suitable land, lukewarm private sector participation, and the lack of local capacity and technical expertise have seriously undermined the potentials of government housing schemes. The Union Budget 2022 gives a boost to affordable urban housing in terms of allocation against the backdrop of Pradhan Mantri Awas Yojana (Urban) housing for all by 2022 and entails key structural reforms to address some of the deep-rooted problems in the housing sector.
