How developers are building to meet demand by 2022
TO SPEED THINGS UP, SOME DEVELOPERS HAVE STARTED USING TECHNOLOGIES SUCH AS SELFCLIMBING FORMWORK, ALUMINIUM SHUTTERING, PRECAST CONCRETE TECHN, DRY WELL SYSTEMS
The construction industry is rapidly changing and new materials, construction technologies are being introduced on a regular basis to meet the demand for two million homes that need to be built by 2022 to achieve the ambitious goal of ‘Housing for All’ across the country.
As per realty consultancy Colliers’ research report, to achieve such a huge objective, it is imperative to adopt newer technologies at a much faster pace. Adoption of such technologies will not only reduce the turn around time but also improve the quality and durability of construction and help in generating more interest in affordable housing projects among buyers.
Private developers are now continuously exploring new technologies that improve the quality, strength and safety of the buildings.
In metro cities, a few developers have started using technologies such as self-climbing formwork, aluminum shuttering, precast concrete technology and dry well systems. These technologies are not only cost-effective, but offer advantages such as minimal labour force, higher earthquake resistance, more durability than conventional building techniques, higher carpet area, smooth finish on walls and lower on maintenance.
Although aluminum shuttering technology increases the overall cost on construction, it reduces the construction time which will allow developers to start sales earlier than planned. In this era, where timely delivery of the project is one of the prime concerns owing to regulatory reforms, escalating construction costs and maintaining strength in the structure, these technologies are gaining popularity among developers.
In conventional building techniques, transportation of building material, such as bricks, wastage in materials during carriage and handling makes it expensive than aluminum shuttering techniques.
Precast construction tech- nique is also popular not only among developers but also with the government.
In Maharashtra, MHADA builds affordable housing using precast technique which is cost effective, speedy and easy to install than traditional building techniques.
In precast concrete technology, building components such as columns, beams and slabs are cast in the factory and cured using autoclaving and transported to the construction site where these components are fixed and stacked into each other as per the layout design.
Although some of these con- struction techniques are more expensive than the conventional construction methods, they reduce the construction time by almost 25-30% allowing the building to be used earlier, thereby bringing cost advantage to the developer and the user.
Colliers research further believes that with the rising demand for affordable housing in urban areas policy reforms such as Public Private Partnership, etc. provision for affordable housing projects and use of state-of-the-art construction techniques that are likely to attract private developers as well.
Many private developers are already using these technologies that provide a boost to affordable housing and achieve the target of 2 million homes by 2022
Rising industrial, residential and commercial growth is driving the demand for faster construction and world class quality. It has become imperative to use newer products and technologies to meet this increasing demand. Construction industry in India is at the cusp of disruptive change with new materials, building technology, software, digitisation and artificial intelligence changing the way we conceptualise, build and use our buildings.
In metro cities, a few developers have started using technologies such as selfclimbing formwork, aluminum shuttering, precast concrete technology and dry well systems.