Analysis of Supply System of Housing in India

Abstract

Housing is a basic need of human being. The importance of housing was universally accepted from the dawn of history. Even the Neolithic man (10,000 and 2000 B.C.) used to build habitation like pit dwellings, lake dwellings and beehive huts which were durable. With the advancement of civilization and development of knowledge, people became more particular about sanitation, environment, privacy, location of house, etc. Man becomes more conscious of better facilities, which make his/her life easy and very comfortable. A house is the place where one can take rest, sleep and cook food. It is a basic need but not everyone especially the poor cannot be able to get a house with minimum or standard facilities. Earlier people have to build their own house himself, but after urbanization, house now a product where one can buy it like a simple commodity. There so many reasons behind not getting a house to live, but the main cause is the gap of demand and supply of housing. The aim of this paper is to describe the supply of housing, shortage of housing and demand supply relation of housing in India.