Affordable Housing

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Affordable housing

THE housing for all


THESIS REPORT

REKHA PRAJAPATI
1PC15AT040
SYNOPSIS
AFFORDABLE HOUSING
ARCHITECTURAL THESIS

INTRODUCTION

 The strained urban infrastructure, in particular housing,


has provided an opportunity for the real estate
developers in India to fill the urban rural gap and
provide housing for all in the coming decade.
 In this context, it would be important to address the
need in the EWS (economically weaker sections) and LIG
(lower income groups), which currently account for
95.6% percent of urban housing shortage in the country.
 Amid the growth of urbanization, the housing shortage
in India has touched 18.78 million units. One reason for
this is that most builders are catering only to the middle
income and affluent population in India and home prices
have gone beyond the reach of many.

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

Affordable Houses Dwelling Units (DUs) with Carpet Area


shall be between 21 to 27 Sqm for Economically Weaker
Section (EWS) category, 28 to 40 Sqm for Lower Income
Group (LIG) category (LIG- A: 28-40 Sqm and LIG-B 41- 60
Sqm) and 41 to 60 sqm for Middle Income Group (MIG)

 AFFORDABLE HOUSING VS LOW COST HOUSING

Affordable housing cuts across LIG and MIG income segments


of the society make good economic sense. The typical size
varies from 300 sq. ft. - 800 sq. ft. Low-cost housing, on the
other hand, is less expensive than average or than what one
can afford. Low-cost housing in general could be defined as
housing meant for EWS category. Typical area is less than 300
sq. ft per unit.

INCOME LEVELS AND HOUSING AFFORDABILITY CATEGORY

 Income level Size of dwelling unit Provision of Basic


Amenities Affordability Location of the House EWS Less
than Rs. 1.5 lakh per annum Up to 300 sq ft -Sanitation,
adequate water supply and power - Provision of
community spaces and amenities such as parks,
schools, healthcare facilities EMI to Monthly income: 30
to 40 percent Reasonable maintenance costs -located
within 20km of major workplace hub in the city -
adequately connected to major public transport system
LIG-A, B 1.5 lakh and 3 lakh per annum 300 sq ft to 600
sq ft MIG 3 lakh and 10 lakh per annum 600 sq ft to
1200 sq ft.

CRITICAL ISSUES IN THE AFFORDABLE HOUSING SECTOR

 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)

 PMAY-G aims at providing a pucca house, with basic


amenities, to all houseless householder and those
households living in kutcha and dilapidated house, by
2022.
 The immediate the objective is to cover 1.00 crore
household living in kutcha house/dilapidated house in
three years from 2016-17 to 2018- 19.
 The minimum size of the house has been increased to 25
sq.mt (from20sq.mt) with a hygienic cooking space.
 The unit assistance has been increased from Rs. 70,000
to Rs. 1.20 lakh in plain and from Rs75,000 to Rs 1.30 lakh
in hilly states, difficult areas and IAP district. The
beneficiary is entitled to 90.95 person day of unskilled
labor from MGNREGS.
 The assistance for construction of toilet shall be
leveraged though convergence with SBM-G, MGNREGS
or any other dedicated the source of funding.
Convergence for piped drinking water, electricity
connection, LPG gas connection etc. different
Government programmers are also to be attempted.

Affordable Housing Projects(AHP) in Bangalore

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

Aryan Golden Arena

Location: Off Sarjapura – Attibele Road, Near Vidriguppe Bus Stop,


Attibele, Bangalore
Rate: Rs 2200/sqft
Configuration: 2, 3 BHK Apartments
Price Range: 18.99 Lacs – 30.99 Lacs
No. of dwelling units: 720 units, 10 buildings
Total Construction Area: 5.5 acres
Developer: Aryan HomeTec Pvt Ltd

Janaadhar Shubha

Location: M.Medahalli Village , Attibele – Anekal Road, Bangalore


Urban
Rate: Rs 3896/sqft
Configuration: 2 BHK Apartments
Price Range: 17.83 Lacs – 18 Lacs
No. of dwelling units: 392 units, 4 buildings
Total Construction Area: 6.5 acres
Developer: Janaadhar Constructions Pvt Ltd

Shravanthi Pristine

Location: Bannerghatta Road


Rate: Rs 2875/sqft
Configuration: 1,2,3,4 BHK Apartments
Price Range:36.54 Lacs – 65.34 Lacs
No. of dwelling units: Not available
Total Construction Area: Not available
Developer: Shravanthi

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