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Housing in India varies from palaces of erstwhile maharajas, to modern apartment buildings in big cities, to tiny huts in far-flung villages.The Human Rights Measurement Initiative [1] finds that India is doing 60.9% of what should be possible at its level of income for the right to housing.
A chawl (Marathi: चाळ) is a type of residential building found in western India, similar to a tenement. Typically low quality housing, chawls are generally associated with poverty. The first chawls were constructed in the early 1700s, as housing for industrial workers. [1]
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, [1] As such it is the main issue of housing organization and policy.
The cooperative movement in India plays a crucial role in the agricultural sector, banking and housing. The history of cooperatives in India is more than a hundred years old. Cooperatives developed very rapidly after Indian independence. According to an estimate, more than half a million cooperative societies are active in the country.
The Housing and Urban Development Corporation Limited, abbreviated as HUDCO, is an Indian public sector undertaking engaged in housing finance and infrastructure project finance. The Govt Grants Navratna Status to PSU on 18-April-2024.
Housing cooperative (a.k.a. co-op) – A type of multiple ownership in which the residents of a multi-unit housing complex own shares in the cooperative corporation that owns the property, giving each resident the right to occupy a specific apartment or unit. Majority of housing in Indian metro cities are of these types.
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A lack of housing coupled with high population growth, and has resulted in individuals living in low-cost illegal buildings [8] [9] or building shanties or huts on illegal land. [4] For instance, many people have moved to the greater Mumbai area in search of jobs, and without affordable housing, thousands sleep in slums or on the streets. [8]