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Saturday, September 22, 2012

Housing Shortage in India


The earlier concern regarding a mis-match between the people from whom the houses are being built and those who need them is clearly underlined in the following distribution of the estimated shortage across different economic categories. It exhibits that the maximum shortage exists for the EWS/LIG Section of society whose need is unable to get translated into demand due to issues of affordability.
Economic Category %
Distribution of 2012  Housing shortage  among Economic categories (in Millions)
56.2 (EWS)
10.55
39.5 (LIG)
7.41
4.3 (MIG +)

0.82
TOTAL
18.78


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