Cost Optimizing by Providing Affordable Housing for Lower Income Group (LIG)

Author(s):

Ashish S. Yeolekar , LDRP Institute of Technology and Research, Gandhinagar; Yeolekar Ashish Satishbhai, LDRP Institute of Technology and Research

Keywords:

Affordable, Affordable housing, LIG, Cost optimization, low cost housing

Abstract:

Adequate shelter for all people is one of the crucial challenges faced by the developing countries like India. In India by 2013, shortage of 30 million homes with almost 99% of the shortfall coming from families earning less than 2 lakhs rupees per year (EWS & LIG segment). According to census 2011 India has 65 million of slum population and by 2017 it will outreach 104 million. The country had a population of 1210.98 million, out of which 377.10(31.16%) lives in urban areas. This growing concentration of people in urban areas has led to problems of land shortage, housing shortfall and has also several basic amenities such as water, power and open spaces of towns and cities. Urbanization has resulted in people increasingly living in slums and squatter settlements and has deteriorated the housing conditions of the economically weaker section of society. This is primarily due to skyrocketing prices of land and real estate in urban areas that have forced the poor and economically weaker section of the society to occupy the marginal lands typified by poor housing stock, congestion and obsolescence. Considering these factors there currently exists a wide gap between the demand and supply of housing (both in terms of quantity and quality) in urban areas. Hence, it has become a necessity for developing country like India to adopt cost effective, innovative housing for the construction of houses for enabling the people to construct houses at affordable cost. Our project aims to reduce the cost of building by replacing ordinary material with latest one and suggest new methodology which will reduce cost as well as do not affect the strength of the structure.

Other Details:

Manuscript Id	:	IJSTEV3I8053
Published in	:	Volume : 3, Issue : 8
Publication Date	:	01/03/2017
Page(s)	:	164-167

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