Methodology to Evaluate Technology in the Housing Market

Abstract

India is facing a huge shortage of housing for the urban population. As per the 2010 census, the lag in urban housing shortage is around 24.7 million. This huge shortage is a result of fast growing urbanization and high population growth in the last decade. About 99% of this shortage is in the EWS and LIG groups which contribute to nearly 25% of total housing requirement. To satisfy this huge demand, many domestic and international technologies are available in this dynamic market. However, there are no set norms to evaluate and select these technologies. This paper is an effort to provide a tool by which any housing technology can be analyzed and selected for different parameters that are essential for a livable and affordable housing in the Indian conditions. These parameters can be modified as per specific climatic conditions or as per the project or developer’s requirement. The paper also discusses seven globally best technologies in the sector of affordable housing in the given environmental conditions and provides an insight into selection based on the manufacturers specifications.
Keywords: Paradigm shift, India concept housing, green precast system, Rexwall system, Thermalloy precast concrete system, Plasbau construction system, Jeha green walls, Sterling construction system, decision matrix