Global Housing Technology Challenge launch today: Govt aims to fasten construction of affordable homes

To enable adoption of construction techniques for  housing that are affordable and take minimum time – as less as three months instead of the conventional three years for construction, the housing and urban affairs minister Hardeep Singh Puri will launch the Global Housing Technology Challenge on Monday.

The India Housing Construction Technology Challenge is aimed at selecting the most cost-effective technology to speed up construction of affordable housing and meet the target of building 1.2 crore houses by 2022. The initiative is under the Pradhan Mantri Awas Yojana-Urban (PMAY-U).

"Global Housing Technology Challenge-India will enable a paradigm shift in the country's construction sector," Ministry Secretary Durga Shanker Mishra has tweeted.

"It will address issues related to housing shortage in a time-bound manner and focus on the need for emerging, cost effective & speedy construction technologies," he said.

The Ministry of Housing and urban affairs (MoHUA)  had in 2017 proposed to adopt the competition route to bring in the desired technology from across the globe involving all stakeholders like Central/state governments, academic institutions, private sector, technology certification and standardization agencies and professional organisations.