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All Things Policy
The Role of Startups in India's Urban Housing Challenges
Dec 6, 2024
Shobhankita Reddy, a research analyst at the Takshashila Institution, dives deep into India's pressing urban housing crisis, focusing on the challenges faced by low-income households. She reveals how startups can revolutionize the real estate sector with innovative solutions and technology. The discussion covers the impact of insufficient infrastructure, the complexities of governmental regulations, and the need for collaboration between private and public sectors. Reddy advocates for creative market approaches to create affordable housing and reshape Indian cities.
29:03
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Quick takeaways
- Startups are leveraging technology and innovative models to tackle transparency and efficiency issues in India's urban housing sector.
- The interplay between inadequate local governance and regulatory frameworks significantly hinders progress in resolving urban housing challenges in India.
Deep dives
Urban Housing Challenges in India
India faces significant urban housing challenges stemming from rapid urbanization, leading to overcrowded cities with insufficient infrastructure. The construction sector, which is the second-largest employer in the country, is heavily influenced by residential real estate, yet it struggles to keep pace with the increasing demand for housing. Structural issues, such as regional imbalances and limited new city developments, exacerbate these challenges, resulting in a lack of economic opportunities outside major urban centers. Factors like inadequate local governance and the intertwining of political power within populous cities further hinder efforts to improve urban living conditions.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode