| | MARCH 20208By Rohit Poddar, Managing Director, Poddar Housing & Development, & Joint Secretary - NAREDCO MaharashtraRohit, a visionary behind the affordable housing venture for the Poddar Housing & Development, holds B.Sc. (Hons) in Civil Engineering & B.A. in Business Management from Kings College London, UK. He was also voted one of the 200 Global Young Leaders by Asia Society in 2010.THOUGHT LEADERSHIPAFFORDABLE HOUSING - CURRENT & FUTURE PROSPECTSHousing has been one of the key business drivers for real estate sector. From renting a property to owning one, homes play an essen-tial role for many. With growing urban population, rising prices and lack of affordable land bank in the city, it has been difficult to address the demand & supply gap of housing. As a solution, developers are creating budget-friendly properties in the suburban areas with self-sustaining townships, to ensure that the demands are well-addressed. Over the years, the governments have also taken several measures like Indira Awas Yojana (IAY) in 1985 and Pradhan Mantri Awas Yojana (PMAY) in 2015, to boost the public housing programme in India. It is one of the key mandates of the central, as well as state govern-ments in the country. The current gov-ernment in the center aims to make housing affordable for everyone and as-pires to provide a roof to every citizen, irrespective of their socio-economic
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