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How Social Housing is different from Affordable Housing?

Social Housing is generally a housing project offered by Governments or specific societies  (like corporates, banks, PSUs etc.) to provide housing as a not-for-profit basis. There will always be an eligible criteria for social housing projects like the economic background or employment association, but they will always cost less or will be offered free in some cases. They may look similar to affordable homes but they are not, they solve specific problem at specific level but they are not a solution for masses.

What is wrong with Social Housing?

Social housing is controlled by Govt. policies and are often not available to a huge population. In India we have a huge gap of about 88 million families who need housing, the Social housing can not narrow down this gap significantly. Also, the eligibility criteria for social housing deprives many needy family benefiting from such options. The real answer for providing housing for all would lie with affordable homes.  Affordable housing is significantly different and more viable solution for housing than the social housing.

Affordable Homes:

Affordable housing solution is appropriate for the needs of a range of very low to moderate income households and priced so that these households are able to buy them with their disposable income, i.e. the income left over after meeting other basic living costs such as food, clothing, transport, education and medical expenses. Many builders have selling the properties at a range which looks affordable for lower income group, but they are mindlessly developed in areas where no employment options are available. If lower income group actually decide to choose these options, they will have to spend significantly on transportation cost and travel time.

CMRS Group is launching an affordable housing solution, called CMRS Value Homes, in the price range of 7-12 lacs for about 6000 families in its first phase. With a downpayment of about 50k-1.5 lacs, and with the special arrangements from Govt., the houses will be available at an EMI of about 5k-9k. The houses are being built within the employment zones, with design innovations to lower the costs, and these will come with Schools and Health care centres to serve the community to live with dignity. Also, there will be a local market developed by the Group to fulfil the daily needs.

Advantages of CMRS Value Homes:

  1. It is open to a broader range of population than social housing.
  2. It will provide a modern, affordable and high quality home for lower income group to live a dignified life.
  3. Apart from fulfilling the basic needs of housing, it will inspire the community to focus on education and heath to create a better world.
  4. It will have a local market within the eco system for daily purchase, as this group generally earns and spends on a daily basis.
Generally an indian lower middle class spends about 30 percent of gross household income for housing. In a typical Indian metro a lower middle class family works hard and earns about 25k per month with multiple family members contributing. This family lives in a house with a rent of about 6k on an average and saves about 1.5k per month. With CMRS Value Homes, such families can live in their own house with the similar payments for EMI. This way they also protect themselves from rising inflation, rental increase and insecurity.

For any property advice, free legal advice and any other assistance while buying a property, feel free to call at  +91-7676-122-000 or send an mail to

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A fire is a fire, isn't it? 


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Agnihotra is the basic HOMA for all HOMA fire practices given in the ancient Vedic sciences. A pyramid of fixed size is used in the process of Agnihotra healing fire.


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