With the current push by the authorities to promote low-priced housing in India and with a set goal to construct 20 million low-cost homes by March 2022, the inexpensive housing section has viewed a current spurt in sales and demand. One in each and every 5 homes is now priced at much less than INR 25 lakh. The complete contribution of inexpensive housing to residential sales has multiplied to 21% from 8% within a span of 3 years. Between 2016 and 2019 sales have tripled for low price residences with a year-on-year increase of 32% in Q2 2018.
As of February 2019, greater than 16,000 assignment proposals have been viewed with nearly 8 million homes sanctioned in them and 1.5 homes amongst them already constructed and occupied. With such fast strides in this segment, greater and greater famous technologies are being used to construct homes to no longer solely decrease the time and price of development however additionally to construct homes in a green, sustainable manner.
Low Cost Construction Methods:-
1) GFRG technology
One of the most famous technologies presently in usage in India is the GFRG or Glass Fibre Reinforced Gypsum technology. GFRG panels are made up of high-density alpha-based gypsum plaster bolstered with glass fibres and have been first added in Australia in 1980. This panel is eco-friendly, prefabricated and can be reduce to favored sizes for walls, roofs with openings for doors and windows. In Tamil Nadu, Karnataka and Kerala, initiatives have already started out by using more than a few builders with this technological know-how to construct houses, hospitals and schools.
2) Precast Modular Technology
Another technological know-how which is massively in demand in India is the Precast Modular Technology. The system includes the on-site assembly of standardized objects that have been manufactured in the manufacturing unit and transported to the building site. This technology includes the use of substances such as expanded polystyrene (EPS) panels, steel and fibre cement. This technology includes lesser cost and reduces development time significantly. Companies like NCL Industries, Loom Crafts, Woodbarn India are providing pre-fabricated housing solutions. Globally, Burj Khalifa and Sydney Opera House are main examples of this technology. With this technology, a residence can be constructed in 2-3 hours, or a school in simply 30 to 60 days. Meitra Hospital in Kerala is the first entirely prefabricated health facility in India. Lulu Mall, in Lucknow, is being constructed with the pre-fabricated building materials.
3) Monolithic Reinforced concrete building system
The ultimate technology that needs to be mentioned is the Monolithic Reinforced concrete building system. This device is a famous and extensively identified as a realistic and affordable answer to effective housing on a mass scale. This system permits the contractor to cast foundations, walls, ceilings in accordance to a pre-defined cycle. Recently, the Central Public Works Department has determined to undertake monolithic construction technology for all initiatives above INR 100 crore. This would ensure much less manual intervention and removing of complete plastering. Currently, this technology is being used in EWS housing initiatives in Karnataka, Andhra Pradesh, Odisha and Maharashtra.
New technologies are nevertheless in the rising phase in India, with most of them beneath research in premier establishments like IITs and others below trial with BMTPC, NBCC etc. However, with the Government’s push towards low-priced housing over the subsequent 4-5 years, these technologies can surely provide the proper stability between quality and cost, and problem that is being faced by builders in India.
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By, Editor @ www.realestatefinder.in
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