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About 1.3 crore houses constructed since 2014: Modi

About 1.3 crore houses constructed since 2014: Modi

New Delhi: Reiterating his dream that every Indian should have a proper house by 2022, Prime Minister Narendra Modi on Saturday said that 1.3 crore houses have been made since 2014.

While addressing an event titled Construction Technology India 2019 on Saturday, the Prime Minister called upon everyone to work together to enhance capacities and help the poor.

"Ever since the NDA government came into power, we started making it easier for the people to buy houses through tax and other incentives. The Real Estate (Regulation and Development) Act, (RERA) has improved consumers' confidence in developers and brought transparency in the real estate sector," the PM said.

"A large pool of skilled human resource has been created, especially in the rural areas," Modi said adding that in the construction sector, there was now a much greater focus on disaster-resilience, energy efficiency and local innovation.

While declaring that the period from April 2019 to March 2020 will be observed as the Construction Technology Year, the Prime Minister said that the global housing technology challenge is a platform that can help elevate India's construction ecosystem to international standards.

The Prime Minister further said that the need for the Global Housing Technology Challenge was felt in the light of rapid urbanisation in India.

"Elements from several schemes, including PM Awas Yojana, HRIDAY and AMRUT are oriented towards transforming the housing sector. Adapting technology to different geographical conditions is also a challenge. A lot of emphasis has also been placed on affordable housing, real estate sector, skill development, and housing technology," the Prime Minister said at the event.

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