CONTENTS
Chapter 1: Introduction 10
Background 10
Need for Study 11
Research Proposal 12
Aim 12
Objectives 12
Scope 12
Methodology 13
Chapter 2: Literature Review 14
Introduction to Rental Housing 14
Strategic Interventions towards Housing in India in the Past 15
Economic Importance of Rental Housing 16
Need to provide Rental Housing 17
Rental Housing: An Insecure Tenure Option 18
Investing in Real Estate over other Investments 19
Rental Yield in Different Countries 21
Existing Rental Housing Practices: International Scenario 23
Rental Housing: United States of America 24
Rental Housing: Ireland 25
Rental Housing: Germany 25
Rental Housing: China 26
Existing Rental Housing Practices: Indian Scenario 27
Central Research Question 28
Chapter 3: Site Profile 29
Chennai: A Brief Introduction 29
Housing in Chennai 30
Demand for Rental Housing in Chennai 33
Housing Affordability in Chennai 35
Chapter 4: Evidence from Site 37
Enabling Framework for Rental Housing in Chennai 37
Calculation of Fair Rent 37
Types of Agreements 38
Right of Eviction 38
Inference 38
Supply Mechanism of Rental Housing 39
Suppliers of Rental Housing in Chennai 39
Public Sector Rental Housing Supply 40
Tamilnadu Government Services Rental Housing Scheme (TNGSRHS) 40
Tamilnadu Housing Board Rentals 43
Private Sector Rental Housing Supply 45
Porur 46
Velachery 48
Madipakkam 49
Thoraipakkam-OMR 52
Pallikarani 54
Sholinganallur 57
Chennai City 60