AFFORDABLE HOUSING in megacities.
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The Government is proposing modification of state enactments and city level master plans for upward revision of FAR/FSI to accommodate land allocation for LIGs. ...
The Government is proposing modification of state enactments and city level master plans for upward revision of FAR/FSI to accommodate land allocation for LIGs.
Tremendous economics is involved in the process of the mass housing schemes. An overview is needed to be taken to reduce the construction costs and make these constructions affordable which can be done on several levels .The review areas include economising construction materials costs, proper usage of technologies-conventional and alternate and project management. Several Developers are adapting these methods to reduce the construction costs of their projects.. It is estimated that overall employment generation in the economy on account of additional investment in the Construction/Housing Sectors is eight times the direct employment (IIM Ahmedabad : 2005). In view of the substantial use of cement, steel, marble/ceramic tiles, electrical wiring, PVC pipes and various types of fittings; construction activity has a multiplier effect on industrial demand for these items.
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