This PPT highlights the important aspects of affordable housing. This PPT deals with the classifications and facts related to the Affordable Housing. Kindly Visit: www.wishempire.com for residential Apartments in Jaipur at cheap rate.

1. Affordable Housing Facts
by Wish Empire

2. Definition of Affordable housing
 According to the MHUPA(Ministry of Housing and Urban Poverty Alleviation), affordable
Housing is defined on the basis of the income slab, build up area and the pricing of the
Flats or the Affordability
 The Classifications on the basis of the build up area of the EWS, LIG and MIG can be
derived as follows:
 EWS: Minimum of 300 square feet build up area and Minimum 269 square feet Carpet
Area
 LIG: Minimum of 500 square feet build up area and Maximum 516 square feet Carpet
Area
 MIG: Minimum of 600 square feet build up area and Maximum 816 square feet Carpet
Area
 The EMIs of these should not costs 30% to 40% of the total monthly income of the buyers
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3. Some Facts related to Urbanization
 Urbanization in India as per 2011 census is around 31.16%
 This Growing Urban Population in India led to the troubles related to Land Shortage,
Shortages of Housing schemes
 It also has affected the basic amenities like water, electricity and pure air
 It also has affected the way people live and even has led to the troubles like increase in
the number of Slums
 Jaipur stands at 10th
Position among the largest Urban agglomerations in India as per
2011 census by Population
 The Urban Population of Jaipur is 3,073,350 according to 2011 census
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4. Affordable Housing Data
 Urban Housing Stock stands at 78.48 million as per 78.89 million Household in India
 When we talk clearly on the number of lack of affordable housing, it stands at 19 million
units as per data of 2013
 There is a vast shortage of Affordable Housing in India
 In this Vast Shortage of housing, 88% of the shortage is for the Economically Weaker
Sections while other 11% is for the Low Income Group
 Middle Income and High Income Groups features in just 1% of the shortage of Affordable
Housing in India
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5. Classifications of sections
 According to latest Data, the sections being divided into EWS, LIG, MIG, HIG
 EWS: The people having the annual income below 1 lac
 LIG: People earning more than 1 lac but less than 2 lac annually
 MIG: People earning more than 2 lac but less than 7.5 Lacs annually
 HIG: People having the income above 7.5 lacs annually are regarded as high
Income Group Section
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6. Efforts are on for Affordable Housing
 Several Builders are now Building Flats and Apartments focused on EWS or
Economically Weaker Sections and LIG Sections
 Now, Affordable Housing is the ultimate Priority of the Government and aims to
provides with the people the comfortable houses at the cheapest rate
 Several Measures on Providing Affordable Housing are being taken to meet the
demands of the Affordable Housing
 Stamp Duty reduction to the maximum of 2% for LIG and 0% for EWS Flats is one of the
steps being taken to ensure affordable housing for buyers
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7. Wish Empire
S-220, Time Square, Central Spine
Vidhyadhar Nagar, Jaipur-302023
we@wishempire.com
www.wishempire.com
0141-5115221, +91 9351555556