An initiative of Democratic Outreach for Social Transformation, DOST
For any place to be livable, it should be able to provide decent housing at affordable rates. Lack of affordable housing for economically weaker sections could also lead to a proliferation of slums and poor and unhygienic living situations. Group housing has seen a proliferation in Noida-Greater Noida region but its mergence has been plagued by problems. Incomplete projects are strewn all over GBN and homebuyers have been left in lurch. It is important that these issues are addressed at the earliest and a mechanism put in place so that such instances do not occur in future. Unholy nexus of developers and officials in land allotment, project approval and sanctions and illegal and unauthorized constructions have led to innocent homebuyers being cheated. Whether these problems will be resolved through Insolvency and Bankruptcy Code (IBC), RERA, forensic audit or demolition of illegal construction is a complicated issue.
2,661 Responses to Affordable Housing