Archi Display Festival 2020 | Entry 09
PROJECT BY: V.SHARMILA (@sharmila_varma_vegesna)
COLLEGE: Andhra University
YEAR OF STUDYING : 5th Year Bachelors
CATEGORY: Urban Design
PROJECT TYPE: Urban Design Sheets
PUBLISHED BY: Archipedia
There are a number of challenges facing affordable housing. High cost of land, which is the consequence of a number of factors, is one of the principal challenges. Financing the land is another major challenge that Developers/ Builders face in delivering affordable housing. In the absence of redevelopment and densification of available lands, land remains underutilized – further contributing to shortage of land and to high land prices. Financial subsidies, subsidies in kind (e.g. in the form of government land) as well as cross-subsidies will have to play a central role in addressing the problem of vast sections of India’s population being unable to afford housing at market prices.