India, Aug. 29 -- India faces an affordable housing shortfall of 9.4 million units, a gap expected to swell to 30 million by 2030. While demand continues to rise, new supply has slowed, and limited private investment has further widened the deficit. Closing this gap will require bold reforms and coordinated efforts by government, developers, financial institutions, and civil society, a report has said.

Recommended measures include repurposing idle PSU land through public-private partnerships, rationalising floor space index (FSI) norms to boost supply and cut costs, and extending subsidised construction finance to developers, a report by Knight Frank said on August 29.

In the first half of 2025, India's affordable housing sector is unde...