UNIBF Group on Affordable Housing convened its first meeting
8 May 2017: Indian cities are expected to add another 300 million urban residents by 2050, and today, approximately 17% of urban households live in slums. India’s housing industry is one of its fastest growing sectors, and the government’s new housing mission, the Pradhan Mantri Awas Yojna, which is the world’s largest housing programme for the poor, aims to build 50 million homes to address the urban and rural housing shortage. The government has also allocated USD 7.5 billion to develop 100 Smart Cities by 2020.
The group discussed challenges facing the sector, including authentication of beneficiaries, expanding the geographical reach of sustainable solutions, enhancing collaborations, promoting eco-friendly materials, the need to integrate renewable energy solutions in housing, as well as policy and operational issues. More focused discussions on possible solutions included ways to reduce the cost of construction by using smart materials, plumbing and electrical solution, skills development of masons and contractors, use of technology and deployment of low-cost materials.
The group will aim to create a prototype which can be scaled up to support Housing for All by 2022.
For more details about the focus area. Click here.