One size fits all doesn't work in affordable housing: Expert at BS IMLC
Business StandardIndia Mortgage Leadership Conclave 2024: One size does not fit all in affordable housing due to differences in geography, land costs, and construction costs, said T Adhikari, managing director and CEO of LIC Housing Finance, on Wednesday. On affordable housing, Shantanu Rege, managing director and CEO of Mahindra Rural Housing Finance, stated that there is a need to simplify. On CLSS or Credit Linked Subsidy Scheme, making a comeback and the issues surrounding it, Lakshminarayanan Duraiswamy, managing director of Sundaram Housing Finance, stated that the CLSS scheme was a huge success largely due to the incentives that they provided rather than structurally how it was intended in the first place. Ravi Subramanian, managing director and CEO of Shriram Housing Finance, said that if the government comes up with CLSS 2.0, there are two things that need to be taken care of.
Discover Related
