Affordable Rental Housing Complexes Scheme and Private Rental Housing in Indian Cities
Swastik Harish | 2021
Intended or not, projects under the Affordable Rental Housing Complexes scheme will compete with private rental housing options in Indian cities. Examining the scheme guidelines and using data from the National Sample Survey Office ce, this article establishes the dimensions of this competition, and the chances of ARHC projects to participate in the`1.2 lakh crore rental housing market in urban India. ARHC projects could have better quality/rent ratios as compared to private rental housing. However, their profit-centred models will face locational and management disadvantages, and also reduce tenure security, leading to lack of demand and limited outcomes.