India’s Vacant Housing Supply

Out of the 90 million residential units recorded during India’s 2011 census, 11 million units (about 12 percent of the total urban housing stock) were vacant. The vacancy rate for government sponsored housing units is 17.22 percent (as of Mach 2017), according to research by Sahil Gandhi and Meenaz Munshi. The high vacancy rate is not due to an oversupply of housing as India’s urban slums are teeming with residents. Rent control, tenant protection laws and cumbersome eviction procedures lead some landlords to prefer vacancy. Furthermore, in the case of state-sponsored housing, quality of services provided, location and access to public transportation and to the labor market are factors that contribute to the high vacancy rate.

India’s Vacant Housing by State – Graph: Ajay Shah’s Blog

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