Challenge with Affordable Housing


How do we address the cost of construction in affordable housing – major junk goes in civil structure say Rs 800-700/sft. With sale price cap in Haryana (Rs 3000-4000/sft on carper area) this seems to be a great challenge , any suggestion - inputs

Naresh Aggarwal

Vice President - Projects at TCG I Ex Worldwide Realty, Signature, AIPL, Feedback, Vipul, Mitsui I Project/ Construction Management | Real Estate | 30+ yrs | Commercial | Institutional | Residential | Industrial

8 年

We can give king size rooms but to keep total area of unit under control we hv to reduce nos. of rooms. This will reduce the cost of structure as well as less mep cost. Further occupant can enjoy more comfort

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Naresh Aggarwal

Vice President - Projects at TCG I Ex Worldwide Realty, Signature, AIPL, Feedback, Vipul, Mitsui I Project/ Construction Management | Real Estate | 30+ yrs | Commercial | Institutional | Residential | Industrial

8 年

Naveen, it is possible but need suitable capable professional who are allowed to do the exercise

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Naresh Aggarwal

Vice President - Projects at TCG I Ex Worldwide Realty, Signature, AIPL, Feedback, Vipul, Mitsui I Project/ Construction Management | Real Estate | 30+ yrs | Commercial | Institutional | Residential | Industrial

8 年

Precise planning with value engineering at macro as well as micro level in all phases of projects is the basic key to cut down the cost but at the same time giving customer a good product shall be prime focus.

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