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Affordable Housing
Affordable Housing
REKHA PRAJAPATI
1PC15AT040
SYNOPSIS
AFFORDABLE HOUSING
ARCHITECTURAL THESIS
INTRODUCTION
AIM
Affordable housing refers to housing units that are
affordable by that section of society whose income is
below the median household income.
AFFORDABLE HOUSES
Land costs are too high in the urban areas and often
constitute more than 50% of the project for the
developer, which makes affordable housing projects
unviable
Construction costs also form a major portion of the
project cost and the profit margins for developers is very
less in the affordable segment as compared to luxury
projects
People who belong to LIG and EWS segments have little
access to organized finance
Requirement for focused government policies that
enable and incentivize the affordable housing segment
such that it becomes more lucrative for developers to
build affordable housing projects
LIVEPROJECT
PRADHAN MANTRI AAWAS YOJNA (PMAY)
South Bangalore
Attibele
Attibele is an area in South Bangalore that provides affordable
housing.
The average price per sqft in Attibele is Rs 2,767.
Located on the Outskirts of the city, it is one of the areas which
is still under development but in the coming years, the outskirts
areas are expected to be into the mainstream city.
With so much population in Bangalore, Attibele is one of the
areas that are stress-free from traffic and congestion. DS Max
Sarovar, Aryan Golden Arena, Janaadhar Shubha, Indya The
Greens are some of the projects in Attibele to look out for.
The affordable housing projects are with a price range from Rs
15 lakh to 30 lakh.
DS Max Sarovar
Location: Attibele
Rate: Rs 2499/sqft
Configuration: 1, 2 BHK Apartments
Price Range: 19.55 Lacs – 40.97 Lacs
No. of dwelling units: 392 units, 4 buildings
Total Construction Area: 4.95 acres
Developer: DS-Max Properties
Janaadhar Shubha
Shravanthi Pristine