Exploring Technological Innovations in Indian Housing Sector

Abstract

In recent years, a number of academics have shown an interest in the study appropriateness of cost-effective building construction technologies in housing sector in India, the methods of using low cost housing techniques in India etc.  The demand for sustainable solutions and technology in the affordable housing sector is at an all-time peak due to the rising global demand for affordable housing and the significance of promoting and supporting sustainable development.  The cost of labour and basic building materials like steel, cement, bricks, lumber, and other inputs are the main factors driving the daily rise in construction costs in India. As a result, the cost of construction by using conventional building materials and construction is rising above what is reasonable for the general population, especially for low-income groups and a sizable portion of middle-income groups. Cost-effective technology must therefore be adopted.  As the significant amount of housing that needs to be built in different locations in the country and also the consideration of the constraints in the availability of resources like building materials and financing, the use of technology has emerged as the most pertinent factor. This paper explores technological innovations in Indian Housing sector in the country and the scope of future development.