CONTENTS Executive Summary II Research Question: III Sub Question – III Aim III Objectives & Methodology III Findings from literature review and Analysis for the objective: IV Objective – 01 . IV Objective – 02 .. V Objective – 03 . VI Objective – 04 VII 1 Introduction 8 1.1 Statement of the Research Problem: 8 1.2 Significance of the study: 9 1.3 Research Question: 10 1.3.1 Sub Question 10 1.4 Aim 10 1.5 Objectives 10 1.6 Methodology 11 1.7 Scope and Limitations 12 2 Literature review 13 2.1 Overview on growth of Mumbai and growing housing complexities 14 2.2 Housing shortage in Mumbai 16 2.3 Income vs. Affordability of population in Greater Mumbai 18 2.3.1 Affordability 19 2.3.2 Factors affecting affordability: 19 2.4 Public housing stock constructed in Mumbai 22 2.4.1 Initiatives by government of Maharashtra 22 2.4.2 Initiatives by government of Maharashtra 26 3 Role of Public Housing under Five Year Plan 27 4 Overview at government’s role in public housing in Singapore & Hong Kong, Gujarat and Delhi 34 4.1 Overview at the Singapore and Hong Kong Model 36 4.2 Overview at the Delhi and Gujarat Model 37 5 Reasons for aggravating housing needs of public housing in Greater Mumbai 38 5.1 Mumbai’s consistent economic growth with increasing Per Capita Income but having unequal distribution of income 39 5.2 Highly regulated and restrictive policies putting constraints on urban land supply: 41 5.3 Impact of high migration rate on slum population growth: 42 6 Role of Public housing in mitigating needs of affordable housing: 45 7 Maharashtra Housing and Area Development authority: 47 7.1 Background information of MHADA 47 7.2 Roles and responsibilities of MHADA: 49 7.3 Estate management: 50 7.4 Housing stock allocation mechanism of MHADA: 51 7.5 MHADA’s contribution in the total housing stock under various schemes: 54 7.6 Conclusion: 58 7.7 Mobilization of resources such as Land and finance by MHADA: 60 7.8 Conclusion: 63 64 7.8 Finance management 65 7.9 Conclusion 68 8 Various changing roles and strategies adopted by MHADA for increasing the supply of affordable housing: . 70 8.1 Details of schemes under which MHADA’s role was of Facilitator: 73 8.2 Issues 75 8.3 Details of JV Scheme 76 8.4 Issues: 77 8.5 Conclusion: 77 9 Price Fixation procedure for tenements of all income groups: 80 9.1 Conclusion: 82 10 Recommendations / Suggestions: 84 11 Bibliography: 86