Contents
Undertaking i
Certificate iii
Acknowledgments v
Abstract vii
Table of contents xi
List of tables xvi
List of graphs xvii
List of figures xviii
1 INTRODUCTION 1
1.1. Background 1
1.2. Introduction to Research Study 1
1.3. Need for Study 4
1.4. Problem Statement 5
1.5. Research Questions 5
2 RESEARCH AIM AND OBJECTIVES 7
2.1 Aim 8
2.2 Research Objectives 8
2.3 Research Methodology 9
2.4 Methods of Data Collection 11
2.4.1. Data Collection through Primary Sources 11
2.4.2. Data Collection through Secondary Sources 11
2.5 Scope of the Study 12
2.6 Limitations of the Study 12
2.7 Organization of the Report 13
3 LITERATURE REVIEW 15

3.3.1. Social Rental Agency Model, Warsaw, Poland 24
3.3.2. Empty Homes Tax, Vancouver, Canada 24
3.4. Conclusion 25
4. REVIEW OF RENTAL POLICIES AND SCHEMES 27
4.1. National Urban Rental Housing Policy, 2015 27
4.2. Maharashtra Rent Control Act, 1999 30
4.3. Model Tenancy Act, 2021 33
4.4. MMRDA Rental Housing Scheme, 2008 35
4.5. Affordable Rental Housing Complexes, 2020 39
4.6. Conclusion 42
5. THANE CITY PROFILE 45
5.1. Introduction to Thane City 45
5.2. Administrative Division 46
5.3. Historic Overview: An industrial Town to a Residential Suburb 47
5.4. Growth Trends of Thane 49
5.4.1. Spatial Growth Trends 49
5.4.2. Demographic Trends 51
5.4.3. Economic Trends 53
5.5. Land Use Pattern 54
5.6. Thane within MMR 55
5.6.1. Unique Position of Thane within MMR 55
5.6.2. Geographical Area and Administrative Setup of MMR 56
5.6.3. Demographic Profile of MMR 57
5.6.4. Economic Trends of MMR 58
5.7. Conclusion 60
6. THANE HOUSING PROFILE 63
6.1. Scenario of Formal Housing in Thane 63
6.1.1. Available Housing Stock 63
6.2. Overview of Real Estate Market in Thane 66
6.3. Factors affecting Real Estate Market 68
6.3.1. Central Location of Thane within MMR 68
6.3.2. Physical and Social Infrastructure 69
6.3.3. Development of Commercial Hubs 70
6.3.4. Property Prices in Thane 71
6.3.5. Upcoming Infrastructure Projects 72
6.4. Conclusion 73
7. RENTAL HOUSING IN THANE 75
7.1. Rental Housing Scenario 75
7.2. Supply of Rental Housing 76
7.3. Key Stakeholders 77
7.3.1. Demand side 77
7.3.2. Supply side 77
7.4. Ward-wise Scenario of Rental Housing Market 78
7.4.1. Ward-wise Tenure Status of Houses 78
7.4.2. Rental Prices in Thane 79
7.4.3. Rental Yield in Thane 82
7.5. Determinants of Rental Housing in Thane 83
7.5.1. Macro - level 83
7.5.2. Micro - level 83
7.6. Analysis of Rental Housing at Ward level 84
7.6.1. Naupada Ward 84
7.6.2. Manpada Ward 85
7.7. Survey Findings and Analysis 86
7.7.1. Demographic Characteristics 86
7.7.2. Employment Status 87
7.7.3. Rental Housing Characteristics 90
7.7.4. Access to Civic Services and Urban Infrastructure 94
7.7.5. Analysing the Data 96
7.7.6. Reasons for Renting the Existing Property 99
7.8. Rental Housing Issues and Challenges 100
7.8.1. Issues faced by the Tenants in Manpada Ward 100
7.8.2. Issues faced by the Tenants in Naupada Ward 101
7.8.3. Common Issues Faced by the Tenants 102
7.8.4. Conclusion 103
8. CONCLUSION AND RECOMMENDATIONS 105
8.1. Conclusion 105
8.2. Recommendations 107
8.2.1. Central Government 107
8.2.2. State Government 107
8.2.3. Urban Local Body 108
8.3. Way Forward 111
References xiii
Appendix 1: Tenant Household Survey xix