Affordable Housing vs Rising Material Costs in Odisha
Every Indian dreams of building there own house at some
point of time in there life, as it gives a sense of ownership and achievement ,
but due to the depreciating economy of our country its very difficult to find
construction material like cement , sand and steel at very cheap price and
authentic brands that really serve good quality materials . For middle class
family , small contractors, and affordable housing projects : affordability ,
authenticity, transparency and instant
delivery is all that matters .
In this blog well talk about how increasing material prices
are changing the housing pattern in Odisha and how the platform like Odinto are
initiating to make a change in
construction industry by serving affordability and transparency at all times .
Rising Material Costs: A Growing Challenge
There is boom in the Odisha construction sector , and all
the credit goes to urbanization , infrastructure project and an increasing
demand in affordable housing . But due to the national and global fluctuation of
the economy the costs are affected .
·
STEEL PRICEs : steel has experienced constant raise in the
last few years due to the global market demand and raw material storage . As steel is the backbone of the entire
building the builders are directly affected by this spike .
·
CEMENT PRICEs : due to the rise of fuel
the transportation cost have also grown higher , affecting the end material. This small rise
per bag even costs more when bought in bulk .
·
SAND PRICEs : because of the legal
restrictions on river sand mining and the transportation cost increase has
impacted the supply and the price of the sand and there for the alternatives
like M-sands have taken over the market but still they are not cheap .
Families who aspire to build house in 500-1000sq. ft in
Odisha face : exceeded budget upto 10-20% .
For budget friendly housing schemes
good quality of materials are being sacrificed with delays and
incomplete structure .
The Dilemma of Affordable Housing
There are schemes offering affordable housing to families
under there budget and they are really at good location , but due to the
increased cost of raw materials it impacts the overall pricing of the housing
cost , both government and private project face problems :
·
contractor hesitate to give a fixed budget to
the buyers due to the everchanging rate of the materials .
·
homeowners and contractors delay the construction to reduce expense
·
due to the extra margins add by the suppliers
and middlemen makes it even more expensive .
The ultimate purpose of housing should be affordability and
making it accessible for every one .
How Odinto Creates a Cost Advantage ?
Odinto works on B2C model where the products are directly
delivered from the manufacturer to the end customer here no middlemen are
involved and in this economy the prices that Odinto offers is unmatched . instead of relying on different layers of
distribution channels they directly supply it to home owners , contractor and
builders .
1.
NO MIDDELMEN:
by removing multiple layers of
distributers and retailers customer get
lower prices upto 20-30% from
the standard market rates because of the
margin saved from middle men.
2.
TRANCPERANCY:
Odinto displays real time prices (prices of
the construction materials varies on a daily basis) so that homeowners plan
accordingly and don’t get shocks at the end of the day.
3.
BULK DELIVERY:
Odinto deliver material direct from the
wharehouse to the site of the customer, reducing transportation cost by bulk
and on time delivery.
4.
QUALITY:
The quality of the material is consistant
throughout the customer lifetime experience, every peace is double checked and standard
is maintained throughout , which ensure long term durability and affordability
of housing projects.
5.
LOCALIZED ADVANTAGE:
As they focus on Odisha they understand the
local supply chain, transportation route and contractors need which help in
quick delivery and affordability.
THE FUTURE OF ODISHA
For the development of urban and rural Odisha housing is one
of the key aspect, but due to the unpredictable prices the urban dream can come
to an end .
That’s why hero’s like Odinto help revolutionize the
construction setting of the state by affordable pricing .
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