Successful for Affordable Housing Globally, Self Construction Model

A seminar on affordable housing for all, organised by the Confederation of Indian Industry (CII) at Chennai, Mr. Ajit Chordia, Managing Director, Olympia Techpark Ltd said, '' The actual cost of construction can be brought down only when land is available from Government at low cost, interest rates & levies are brought down, and statutory clearances are given on time. The authorities have to give policy support to ensure the supply of affordable (low - cost) housing for the needy. Merely earmarking a percentage of housing projects for the EWS (economically weaker section) does not necessarily give them access to housing"

Mr. Ajit Chordia also said, “Sheltering the bottom of the pyramid, can happen only when the Central and State Governments support affordable housing by helping to bring down cost of construction, by giving land, bringing down interest costs and improving transport infrastructure to link peripheries, which will increase the supply of developable land".

Residential project approvals can be along the lines of that given for IT buildings which were encouraged by permitting construction with statutory clearances granted after the project was completed.

''There are successful models for affordable housing globally such as the “self construction model” in Mexico where beneficiaries support each other, do-it-yourself housing, which I am keen to attempt to provide housing for our company employees.To build the base structure & hand it over for the buyers to do interiors at their own pace."

 Mr. Alejandro Morales, Chief Construction Technical Officer, Value& Budget Housing Corporation, said, ''Housing construction should be along the lines of a production line with emphasis on efficiency, cost control and fast delivery. VBHC has adopted the aluminium form work construction technology that enables RCC construction of housing without bricks. Quality of construction is higher than in conventional projects & speed of delivery is high"

Confederation of Indian Industry - Chennai office

Mr. Sujith Haridas, [Senior Director]

98 / 1, Velacherry Main Road

Guindy. Chennai - 600 032

Phone : +91-44-4244 4555

Fax :+91-44-4244 4510

Email : sujith.haridas@cii.in

Olympia Tech Park      

M/s. Khivraj Tech Park Private Limited,

No.1 SIDCO Industrial Estate, Guindy,

Chennai – 600 032.

Contact Person            

: Mr. Lakshminarayanan - General Manager

Contact Nos. : 044 – 4356 – 3773 / 74 / 75

Fax : 044 – 4356 – 3289

Email : info@olympiatechpark.com

           

Src: BL

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