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Pradhan Mantri Awas Yojana (PMAY) is a credit-linked subsidy scheme by the Government of India to facilitate access to affordable housing for the low and moderate-income residents of the country. It envisaged a target of building 2 crore (20 million) affordable houses by 31 March 2022.
Incorporated on 17 April 2017, It was founded by Mr. Amit Sharma (CEO & MD - Satin Housing Finance Limited) as a wholly owned subsidiary company of Satin Creditcare Network Limited, Satin Housing Finance Limited has a registered office in New Delhi. Satin Housing Finance Limited provides long-term finance for the purchase, construction ...
Zolostays was founded in 2015 to solve the problem of students and young professionals who would move to temporarily go to other cities to study and work and look for affordable housing. [12] In 2020, it was operating in 10 Indian cities. [13] It has four round of funding, with total $98 Million. [14]
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
Tata Housing Development Company (THDC) is a fully owned subsidiary of Tata Sons, a holding company of the Tata Group. [3] The company was established in 1984 by the late JRD Tata. It was revived in 2006 under the leadership of Brotin Banerjee, Managing Director and CEO of Tata Housing Development Company Limited.
Affordable housing in Germany, also known as social housing, refers to housing that is subsidized by the government to provide affordable rent to low-income households. Social housing is typically owned by the government or by non-profit organizations and is intended to provide decent, affordable housing for those who cannot afford market-rate ...
The affordable housing gap is a socio-economic phenomenon characterized by the scarcity of affordable housing relative to the demand for it. [32] This disparity is linked to social , racial , and economic inequality, and disproportionately affects households with lower incomes.
Common types of secondary dwelling units. Housing refers to the usage and possibly construction of shelter as living spaces, individually or collectively.Housing is a basic human need and a human right, playing a critical role in shaping the quality of life for individuals, families, and communities, As such it is the main issue of housing organization and policy.