Micro data over the life cycle shows two different patterns of consumption of housing and non-housing goods: the consumption profile of non-housing goods is hump-shaped while the consumption profile for housing first increases monotonically and then flattens out. This paper develops a rich,...

Rapid urbanisation and economic growth will increase the demand for adequate housing in Indian cities. Mass housing projects can help cater to this need. However, building mass housing using conventional technology is slow, lacks quality and is detrimental for the environment. In contrast, more...