Online published on 28 February, 2020.
Housing and urban infrastructure management is a topic that is gaining momentum in recent times. Cutting edge market competition reveals thatonly by virtue of excellent implementation, organizations can survive and sustain the competitions in the long run. Research scholars are internationally attempted to quantify excellence in performance, particularly in housing and urban infrastructure management.
Loopholes in housing policy, mal-administrative structure and ineff icient management system are hindering the private players in public sector housing models, in most of the countries of the world. To meet population demand, housing demand attracted private partnership in housing development business. Critical research studies, analysis and evaluation of existing processes reveals the prevalence of ineff iciency in the government housing provisions and the basic need has to be dealt effectively.
The growth of private sector housing and urban infrastructure business approach, with effective management decision is the cure for the existing housing problems. There are needs for cohesive models to understand the complexity of study. These models require the effective participation of all stakeholders, starting from government to the public. But the role of different stakeholders has to be defined properly at all the levels that could be national or local, urban or rural.
The vibrant private partners in the development of housing and urban infrastructure business sector, has outweighed the need of huge investments to be made by the government. In the changing scenario, government should follow the cross subsidization policy in promoting to the business environment, for private housing development. At this critical juncture, proper allocation and management of resources, with appropriate effective decision, will lead to a holistic model of housing and urban infrastructure developmental actions.
This research studywas designedtofindoutthe development of institutional housingfinancemarket in Bhubaneswar and Cuttack, one of the fastest growing twin cities in India. The study used both primary and secondary data. A structured questionnaire was used to find out the perceptions of real estate developers, policy makers/government off icials and customers about issues, problems, opportunities and possible solutions to problems relating to sustainable infrastructure development for improving the conditions of housing market in Bhubaneswar and Cuttack. The findings revealed that management decision in the government agencies and participation of the real estate developers helped stakeholdersand strategicpartners. The findings revealed that developers/government officials/promoters focus on public private partnership in housing development. Customers also look forward forgreatergovernment support as well ascontrol over private developers. The study implicates intensive research in this field for welfare of customers and development of infrastructure both in urban and rural sector in Odisha. With strong urbanisation wave waiting to flood Indian cities, an efficient planning of cities is essential. Urban development should be the top most priority for policy makers and higher resources should be allocated to maximize the benefit.
