Tuesday, December 12, 2006

The housing shortage in India

India has a serious housing shortage, estimated at 23m units. More than 90% of this shortage is in low-cost housing. The government has pledged to build 2m additional units each year. Around 50m people live in urban areas that are officially designated as slums. Rural housing conditions are also poor.



Cheap Talk? Check out Yahoo! Messenger's low PC-to-Phone call rates.