The union government has proposed the Public- Private Partnership (PPP) to boost the affordable housing segment in the country. In this, the land will be provided to the builder to build the affordable homes. The ministry of Housing and Urban Poverty Alleviation (HUPA) has formed the PPP policy to urge the developers into exploring the extra developable area. The policy has been launched to promote and boost the Prime Minister Awas Yojana (PMAY), an initiative that aims to provide ‘housing for all by 2022’. So far only eight PPP projects have been on the government land. Affordable housing is the main agenda of the union government and they have taken various state governments and banks to help in this area. The financial institutes are giving lower interest rates for the same. The government has also proposed infrastructure status to affordable housing in this year’s budget providing financial availability to combat the terms.

This policy is a win- win situation for both the government and the developer where the government is taking the interest of the developers into consideration to achieve its goal. The government will also give the benefits to the private players who are including the planned project on the private land, through the endowment of interest and direct per beneficiary amount. Developers are in the approval of the PPP policy and believe that this will give much needed push to the affordable segment. PPP will increase the involvement of the private sector to fulfil the vision of the union government. They believe it will also help in eliminating the issues faced by the developers in constructing the affordable housing projects.

Developers are in the view that this policy has given a way to private builders to deliver the homes at lower cost. Affordable homes were incorporated into the infrastructure budget in this year’s budget which helps in having more liquidity in terms of budget and finances. For example, the pension funds and insurance firms can now contribute to the affordable housing projects. The government will also give benefits to the projects through subsidy and ‘per- beneficiary’ amount, giving the projects much needed push.
The PPP comes two years after the launch of PMAY on 25th June 2015. The policy models have been implemented n the aspects’ of private developers risk exposure, maintenance of houses, land ownership and beneficiary- developer monetary relationship. The state housing board can also build a project on the government land with government fund without the involvement of the private player. The housing for all is a risky project and the recent launch of PPP policy only proves that the government is serious about the project and is making steps towards achieving the goal. 
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