Effective PPP model for provision of affordable housing in Indian cities:

Abstract

Housing shortage is a major issue in India, urban housing shortage being more severe than the rural. According to the Report of the Technical Group on Urban Housing Shortage by the Ministry of Housing and Poverty Alleviation, it is found that 96 percent of this housing shortage is faced by the economically weaker sections (EWS) and low-income group (LIG) categories. In the current scenario, the Government of India is dedicated to the national goal of Affordable Housing for All by 2022. While there is little possibility for directing land towards low-cost, affordable housing. Appropriate implementation strategies involving Private Sector can be used to incentivize the private sector in that direction. State and central government policies are beginning to address shortage in housing by providing incentives to private developers in order to create an affordable housing stock. Government interventions, both financial and non-financial, as well as policy reforms, would be essential in any effort to increase the availability of affordable housing. Affordable housing built under the public private partnership model is facing limited success in achieving its purpose of reducing the existing urban housing shortage. In growing urban housing shortage, the Applicability of such modes of production need to be re-examined. To make the "PPP" model profitable inside the mass affordable housing segment, the Challenges needs to be dealt with. This study deals with the Parameters which works for a project to be successful considering the perspective of both public and the private sector. The study is based on the analysis of cases of Affordable Housing projects in Public Private partnership (National and Global) and identification of the essential parameters which contributes to the successful implementation of Affordable Housing Projects via PPP mode. The focus lies on the non-metropolitan class I cities that why Affordable Housing in PPP mode is not successful in these cities. To find out how PPP model will work for the Study Area. the Primary Survey for the Study Area is done with the mixed Approach of Questionnaire Surveys and Semi Structured Interviews. The results helped in identifying the major areas of concern. The result of the analysis and inferences will then be abstracted into tentative suggestive recommendation of using Alternative Strategy for Procurement of Affordable Housing Projects in non-metropolitan class I cities with a case-specific area of Gwalior.