The term “Housing Crisis” refers to a situation in which there is a severe shortage of affordable housing, leading to increased homelessness, overcrowding, and financial strain on individuals and families seeking adequate living conditions. It often arises from a combination of factors, including rising housing costs, stagnant wages, insufficient housing supply, and socio-economic disparities. In a housing crisis, many people may find themselves unable to afford rent or mortgage payments, resulting in significant impacts on community stability and overall public health. Urban areas tend to experience housing crises more acutely due to higher demand for living space. The crisis can also be exacerbated by policies, economic downturns, and natural disasters that further limit housing availability or affordability.
### Major Developments in Maharashtra's Housing Sector In a significant move, Maharashtra's government is taking bold steps to combat urban housing challenges. The Union Ministry of Housing and Urban Affairs…