To obtain the details relating to the reorganization and modification in India, here's Indiahousing offering information on Land Reform. The Centre has asked the States to rescind the Urban Land Ceiling Act and the State Rent Control Laws within a definite period.
The housing finance disbursements have registered a major growth from 1995-96 to 2003-04 due to housing finance institutions, the banking sector and the co-operative sector. But access to finance for the weaker sections and the low-income groups is an area of concern as major endowments under the housing finance sector have gone to the middle and higher income groups.
Social housing for the weaker sections and the low income groups is required and India has a major market for rental housing as more than 50 per cent of the formal housing is through the rental route. There is a need to launch a major rental-housing program through the private sector; similar to that in Europe.
Realtors should be summoned to use appropriate, cost-effective building materials and technology. The housing sector has tremendous probability to contribute towards employment generation and growth and state governments should take advantage of Central schemes. It is only through a comprehensive procedure of legislation that the end of land reforms can be realized. To know all about Land Reform, surf Indiahousing.
