Vol 7, No 2 (2022)

The Case of the Indian Housing Sector and the Adoption of Appropriate and Cost-Effective Technologies

Authors:- Shivdatta Salbarde, Ashutosh Bopche, Dr. N. R. Narayana

Abstract:- Construction expenses in India are growing at a rate that is about 50% faster than inflation. It has risen by up to 15% every year, owing mostly to rising prices for basic construction materials such as steel, cement, bricks, timber, and other inputs, as well as labour expenses. As a result, traditional building materials and construction are becoming costly, particularly for low-income and a large segment of the middle-income population. As a result, cost-effective building methods must be used, either via the improvement of traditional technologies utilising local resources or by the employment of modern construction materials and processes with efficient inputs leading to economic solutions. Because of the large number of houses to be built in both rural and urban areas, as well as the limited resources such as building materials and money, this has become the most crucial component. This article offers an overview of the housing issue in India as well as the country's adoption of relevant and cost-effective technologies.

Keywords:- Appropriate, Cost Effective, Ekra, Five year plan, Poverty.


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