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Is Affordable Housing A Reality or A Myth

There are several definitions by many experts to define affordable housing, however the definition is still a bit hazy. The concept of affordability has grown so popular in India and throughout the world that many have already created businesses in this field, regardless of how clear the concept is. Many builders such as Annuj Goel Pune have already begun their research of the concept and envision a revenue possibility in this market in the future.

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Is Affordable Housing A Reality or A Myth

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  1. Is Affordable Housing A Reality or A Myth?

  2. THEREARESEVERALDEFINITIONSBYMANYEXPERTSTODEFINE AFFORDABLE HOUSING, HOWEVER THE DEFINITION IS STILL A BIT HAZY. THE CONCEPT OF AFFORDABILITY HAS GROWN SO POPULAR IN INDIA AND THROUGHOUT THE WORLD THAT MANY HAVE ALREADY CREATED BUSINESSES IN THIS FIELD, REGARDLESSOFHOWCLEARTHECONCEPTIS.MANYBUILDERS SUCH AS ANNUJ GOEL PUNE HAVE ALREADY BEGUN THEIR RESEARCH OF THE CONCEPT AND ENVISION A REVENUE POSSIBILITY IN THIS MARKET IN THEFUTURE. Let'sTalk

  3. So WhatAre The Myths Of Affordable Housing?

  4. Due to a lack of awareness, there are numerous myths concerningaffordablehousingcirculatinginsociety.Here aresome: The first myth is that affordable housing is just for low-income individuals. As previously stated, it accommodates those with yearly incomes of up toten lakhs. The second myth is that affordable housing is low-cost housing; low- cost housing is constructed using low-cost processes and materials, butaffordablehousinghasnorestrictionofsuchkind. The third misconception is that the government would provide affordable homes to low-incomeindividuals.

  5. Accordingtothemanydefinitionsavailable,affordability hasadirectlinktothefinancialcapacityofowners. Roughly 40% of total income spent on housing in India is affordable. ‘Are affordable houses actually affordable?’ remainsasourceofcontention,though.AnnujGoelGanga, Chairman and Managing Director of Goel Ganga Developments, gives his expertise on the cheap housing marketanddecodesifitisindeedaffordablenow:-

  6. The design of a home is critical in determining its cost- effectiveness. Many design criteria, such as orientation, building configuration and envelop design, circulation spaces, facility sharing, and so on, may not have a direct impactoncosteffectiveness.Buttheywillalmostdefinitely have an indirect one. As previously stated, operational costsplayanimportantroleindetermininghousing affordability. AFFORDABLE HOUSING USING A DESIGNAPPROACH

  7. Anotherstrategy for lowering home costs is construction management. Construction management include making the most of construction resources such as materials, personnel, and tools by properlyplanningoperationsonsitepriortoexecution,aswellasthe actual construction onsite. Affordable home does not imply poor building quality at a low cost. To achieve high construction quality, project management also assures the quality of material, skilled workers, and good tools for building. The most significant component of project management is thatitsavestimeduringprojectbuilding. Construction Management Provides AffordableHousing

  8. The notion of affordable housing and low-cost housing differs to a considerable extent in thematerials and technology used in construction. Low- cost housing is often a single-story structurethatdoesnotrequirehigh-end technology or materials, whereas affordable housing has no such restrictions and is more likely to be multistory. Appropriate Technologies & Materials For AffordableHousing

  9. The cost of operation is equally significant, thus acomprehensive approach is necessary for affordable housing. Affordablehousing should also, to a significant part, satisfy the condition of sustainability.Affordablehousingshouldnotonlybecosteffective and sustainable, but also offer a distinctive built environment for the user’s quality of life. The notion of affordable housing is new to India. But it has a bright future due to a number of aspects. This includes the fact that it caters to the middle class and iscost effective without sacrificing quality of life, states Goel Ganga Developments Owner, AnnujGoel. Conclusion

  10. THANKS FOR LISTENING!

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