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What’s Holding Back Affordable Housing in India?
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What’s Holding Back Affordable Housing in India?

Knowledge at Wharton·Knowledge at Wharton Staff·about 1 month ago
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India needs more than five million homes annually and more than 90% of this demand is in the affordable segment — homes priced at less than ,000. But supply is lagging. Rajesh Krishnan, founder and CEO of the Brick Eagle Group, a financial services platform for affordable housing, says the disparity between supply and demand is because of a broken ecosystem. According to him, everybody in the affordable housing value chain “seems to be missing some piece of the puzzle.” In a conversation with Knowledge at Wharton, Krishnan talks about his prescription for affordable housing in India. He points out that along with being a pressing social need, it is also a $100 billion market opportunity. “We are making investments across the value chain so that we can take it from start to finish.” An edited transcript of the conversation follows. Knowledge at Wharton : Your background is in banking. How did you get interested in affordable housing?…

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