A Study On Sociological Analysis Of Rural Housing Programmes In Karnataka

Abstract

Recent years have witnessed phenomenal growth in the housing sector especially in terms of increased flow of institutional finance resulting in increase in supply of housing stock in the country. However, bulk of this increase has taken place in urban areas. This has been enabled by fiscal concessions including income tax extended through budgetary measures of the Government. The benefits of the liberalized policies and fiscal concessions in the housing sector have, however, not percolated to the rural areas. Through average annual growth in lending for housing  during the last three years is around 40%, a major portion of these lending’s are confined to urban areas, with less than 15% of the total housing loan disbursements flowing to the rural areas.