Affordable Housing – The Game Gets Real

The massive gap of affordable housing has drawn the Government of India’s focused attention and resulted in many initiatives to such housings. Cognizant of the constantly growing demand for affordable homes across the country, the market has started responding with a significant rise in new launch supply in this segment over the last one year.
On examining the composition of the new launch supply across the top Indian cities in the current year (till Q3 2017), it emerges that affordable housing (units with average ticket sizes below Rs. 40 lakh) clearly leads the pack. It constitutes more than half (52%) of the overall new supply:
The chart below shows the share of newly-launched affordable housing units (<Rs. 40 lakh) during Q1- Q3 2017 across all the top cities. Bangalore, MMR, NCR, and Pune are close together in terms of volumes, accounting for around 16-19% share of units in the sub-40 lakh price bucket. In MMR, the new launch supply in this segment is led by the Ambernath, Badlapur, Neral and Karjat micro-markets.

Sidharth Mishra 2

Lutyens’ Tryst With Khichdi

A few weeks ago the officials of Delhi Traffic Police had a torrid time when both the, as Bollywood potboiler was titled, ‘Raja Aur Runk’(the ruler and the ruled) decided to queue up at the Raisina Hills for a plate of Khichdi, the ubiquitous Indian two square meal for the poor. The occasion was World Food India Congress, a jamboree of leading investors and producers from food processing industry. But what caught the eyeballs, the camera bytes and twitter snipes was about the making of the poor Khichdi leading to a massive traffic jam.

When Edwin Lutyens and Herbert Baker would have set out to design New Delhi and planned the grand avenue down from the Viceregal House to War Memorial Arch (the present day Rashtrapati Bhawan to India Gate) and named it Kingsway, they would have never dreamt of it being anchor for a food festival that too under the government patronage.

Does the arrival of Khichdi as a meal of prominence, the Government just stopped short of declaring it the national meal, speaks about the deep roots our democracy has come to have? Khichdi certainly did not exist in the scheme of things of the English, or even the Anglo-Indians for that matter.

Dependra Pathak

Delhi Needs Culture Of Road Safety

Delhi, being the capital of India, is one of the fastest growing cities, which has witnessed unprecedented growth of both human and vehicular population over the years. Besides, Delhi being the administrative capital of the country and commercial hub, has become an important centre of politics, cultural and trading activities. All the events happening abroad or in any part of the country have a conspicuous bearing on the situation in the capital, which is reflected in the traffic scenario of the city.

Today, the population of Delhi exceeds 200 lakhs (approx.), vehicular population is approx. 105 lakhs and road length is 33,198 kms. Traffic management in Delhi is a Herculean task for Delhi Traffic Police. The task of traffic management has become difficult due to mixed traffic on the roads, unplanned growth of the city, lack of pedestrian facilities, erratic behavior of road users, shortage of parking spaces, unsatisfactory road conditions, etc. etc.

Ashish Sood

Modi Govt Winning Grim Battle Against Black Money

Starting from Jeep Scam in 1948, Congress has left a legacy of corruption and scams in India in her misrule of over six decades. The grand old party has also left a legacy of awarding plum posts to the scammers with the kingpin of first scam of Azad Bharat, Mr V K Krishan Menon being awarded a cabinet berth by first Prime Minister Jawaharlal Nehru.

The instances of corruption and scams became so frequent during the reign of Indira Gandhi that former Defense Minister George Fernandes had called her ‘Fountainhead of corruption (Bhrastachar ki Gangotri) inside the Parliament. Her successor Rajiv Gandhi candidly confessed that out of Rs. 1 allocated by the Central Government only 15% was reaching at the bottom. This means that over 85% of the Central budget was going into corruption and scams during the tenure of Rajiv Gandhi.

The corruption and scams broke all the previous records during 10 years rule by Mr. Silence (Manmohan Singh) and Ms High Command (inaccessible to Media and People of India). People had lost the hope of revival and had almost accepted ‘corruption and scams’ as culture of Indian politics. In this pessimistic political environment Narendra Modi took over the reign of the country in 2014. 

Professor Rajvir Sharma 130x160

Transformational Politics In Today’s India: Will It succeed?

There was euphoria all around in the country when elections to the Lok Sabha were being held in 2014. The Youth, the women, the industry, commerce, business and trade, the labour, the employer, name any one and s/he was in the frenzy mode of change. For them it was not merely an occasion to replace one political party or a combination of parties with another political party in the seat of authority, they all were dreaming something beyond that.

They rendered whole hearted support to a political leader who was full of confidence, vigour, determination and energy to transform not only the lingua franca of electoral politics beyond parochial boundaries of caste, class, region or religion, but also the agenda that saw nothing but the urges and aspirations of a new India. The electorate exhibited huge trust in Mr Modi when he promised a corruption free, hunger free, fear free India.