Modi virtually lays foundation for six “Light House Projects”
Real Estate

Modi virtually lays foundation for six “Light House Projects”

Prime Minister Narendra Modi laid the foundation of six Light House Projects via videoconference. These projects are a part of the Global Housing Technology Challenge-India (GHTC-India) initiative, in Indore, Rajkot, Chennai, Ranchi, Agartala and Lucknow.

About 1,000 houses in each of these cities will be constructed in a year, using six distinct technologies from a basket of 54 such technologies shortlisted under the GHTC-India, 2019. According to the Prime Minister, India is getting new technologies for providing efficient, affordable and comfortable houses to the poor and middle class.

Call to planners, students

Prime Minister welcomed planners, architects and students from various universities and institutions to visit sites, learn new technologies and mould them for use in accordance with local requirements.

Prefabricated sandwich panel system technology would be used in Indore, while in Rajkot, through tunnelling, monolithic concrete construction system from France was being deployed. Precast concrete technology from the U.S and Finland would be used for the construction of affordable houses in Chennai, and in Ranchi, the project would be implemented through the 3-D technology from Germany, he said.

In Agartala, the steel-frame technology would be used for constructing earthquake resistant houses and pre-constructed wall technology from Canada would be used in Lucknow. Other government schemes would also be linked to these projects to provide facilities such as water supply, electricity and LPG connection to the beneficiaries.

Benefit for middle class
A series of measures were taken to promote the real estate sector. Taxes on affordable and regular houses had been reduced significantly to encourage buyers. Home loan interest rates were also reduced keeping the same in mind.

The Central rental housing complex project was conceived during the Covid-19, with the objective of addressing the issues faced by migrant labourers. The project was being implemented in coordination with industrialists and other investors.

Also Read: Global housing technology challenge for new construction tech

Prime Minister Narendra Modi laid the foundation of six Light House Projects via videoconference. These projects are a part of the Global Housing Technology Challenge-India (GHTC-India) initiative, in Indore, Rajkot, Chennai, Ranchi, Agartala and Lucknow.About 1,000 houses in each of these cities will be constructed in a year, using six distinct technologies from a basket of 54 such technologies shortlisted under the GHTC-India, 2019. According to the Prime Minister, India is getting new technologies for providing efficient, affordable and comfortable houses to the poor and middle class. Call to planners, students Prime Minister welcomed planners, architects and students from various universities and institutions to visit sites, learn new technologies and mould them for use in accordance with local requirements. Prefabricated sandwich panel system technology would be used in Indore, while in Rajkot, through tunnelling, monolithic concrete construction system from France was being deployed. Precast concrete technology from the U.S and Finland would be used for the construction of affordable houses in Chennai, and in Ranchi, the project would be implemented through the 3-D technology from Germany, he said. In Agartala, the steel-frame technology would be used for constructing earthquake resistant houses and pre-constructed wall technology from Canada would be used in Lucknow. Other government schemes would also be linked to these projects to provide facilities such as water supply, electricity and LPG connection to the beneficiaries.Benefit for middle class A series of measures were taken to promote the real estate sector. Taxes on affordable and regular houses had been reduced significantly to encourage buyers. Home loan interest rates were also reduced keeping the same in mind. The Central rental housing complex project was conceived during the Covid-19, with the objective of addressing the issues faced by migrant labourers. The project was being implemented in coordination with industrialists and other investors.Also Read: Global housing technology challenge for new construction tech

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App