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In India’s rapidly developing cities, affordable property is in short supply. The demand for affordable property in India is growing as the nation’s 1200 million people are on the move. The result is that 28% of urban households in India are classified as substandard, a percentage rivalled by only that of China worldwide. The supply side of India’s housing market is currently skewed toward middle income to upper middle income groups, leaving low income individuals and families particularly vulnerable.

Potential solutions can be found by looking to others countries. For example, Indonesia pursues a National Housing Policy that provides subsidies to private firms to build a set number of affordable properties for every luxury home they build. By comparison, Shanghai has adopted four approaches to affordable housing for different types of residents — low rent housing, a public rental housing system, houses on shared ownership, and houses for people relocated from old dilapidated buildings. Yet, in India, no such system has been implemented and Mumbai remains one of the world’s most expensive real estate markets.

Cô gái 24 tuổi với ý tưởng về khách sạn mini giá 2USD một đêm

(#wanderlusttips #chototel) Rhea Silva, cô gái 24 tuổi chuẩn bị đón chào những căn hộ khách sạn siêu rẻ đầu tiên của mình ra mắt tháng tới tại Nagothane, một thị trấn nhỏ cách Mumbai khoảng 115km. [rpi] Chototel, dự án chuỗi căn hộ khách sạn siêu siêu rẻ là ý tưởng của Rhea Silva hướng tới những đối tượng không muốn hoặc không đủ tài chính để mua nhà hay thuê những căn hộ rộng rãi vài phòng ngủ.…

New Post has been published on http://www.therakyatpost.com/world/2014/05/04/13-killed-train-derails-india/

13 killed as train derails in India

MUMBAI, May 4, 2014:

At least 12 people were killed and 30 injured when a passenger train derailed on Konkan Railway route in Maharashtra’s Raigad district today.

The accident occurred just outside a tunnel near Nidi village, when the engine and four out of 20 bogies of Diwa-Sawantwadi passenger train derailed around 10am.

The incident happened between Nagothane and Roha railway stations, about 120km from Mumbai, the online news portal of Hindustan Times reported

Police said rescue operations were ongoing, adding that workers were trying to extricate people trapped under bogies that had overturned.

According to the latest police report, 13 passengers were killed and 30 injured in the mishap. However, a railway spokesperson put the death toll at 9.

Authorities said 11 bodies have been sent to the primary health centre in Nagothane for a post-mortem.  The bodies have yet to be identified, police said, adding that the injured passengers had been taken to Roha for medical treatment.

The railway authorities have suspended its services on the Konkan railway route following the mishap.

Last month, a goods trainalso  derailed on the route, affecting services.

The online report said the Railways Ministry had ordered an inquiry and its Minister Mallikarjun Kharge announced an ex-gratia of Rs200,000 (RM10,850) for those killed in the accident, Rs50,000 for the grievously hurt and Rs10,000 for passengers who suffered minor injuries.