Builders need to focus on affordable housing, says Union Minister Gadkari

MUMBAI: Realty developers need to focus on building more affordable homes to cater to large demand for the same across the country, Union Minister of Road Transport & Highways and Shipping Nitin Gadkari said addressing a gathering of builders in Mumbai on Tuesday. 

Through a video message aired on the last day of two-day conference organized by NAREDCO, the minister emphasized on need to address the shortfall in affordable housing in the backdrop of rapid urbanization witnessed across the country. 

Gadkari asked builders to use technology effectively to bring the cost of construction down while building these affordable housing projects, as cost is an important consideration while making mass housing projects successful. 

Indian cities have been falling short of planned housing for low income and economically weaker households, resulting in an ever growing housing shortage.