Land costs squeeze housing dreams, bold reforms can unlock supply: NITI Aayog's Rajiv Gauba
Land costs squeeze housing dreams, bold reforms can unlock supply: NITI Aayog's Rajiv Gauba is drawing significant interest across the industry.
India faces significant housing challenges due to land scarcity and soaring prices. NITI Aayog proposes structural reforms like increasing Floor Area Ratios and promoting land pooling. Government initiatives under PMAY are progressing, with millions of houses completed. Policy measures aim to channel more credit and reduce construction costs, signaling momentum to address the housing crunch if land bottlenecks are resolved.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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