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STRUCTURAL COSTING COSTING MANAGEMENT REGIME
Why Senior Citizen Housings
Are A Failure In Bhopal?
According to statistics, 7.4% of the total
population of Bhopal are senior citizens’
belonging mostly to the lower-income
group. The senior citizen’s housing in
present scenario of Bhopal are luxurious.
Moreover, the services provided in these
housing are only affordable for 15% of the
total population of senior citizens, who
only buy these properties as investment.
The design aims to provide a low cost se-
nior citizens’ habitat that generates facil-
ities and services that are affordable for
everyone.
MONTHLY MAINTENANCE CHART
The revenue generated from the commercial spac-
Monthly Household Income es, will aid to reduce the cost of the services. The
aim of the project is not limited to create low cost
housing but also to provide low cost services. This
is achieved by generating revenue from commercial
zones like, libraries, restaurant,nursery,daycare cen-
tre,parks and cultural hub.
REVENUE GENERATION
How Did We Tackle This
Problem ?
Most of the senior citizens do not opt for
habitat because they lack monetary fund
for self maintenance and have adjustment
problems.
- Low cost Senior Citizens’ Housing aims
to target larger number of users rather
than just the higher income strata. We
aim to turn the housing in a living society
rather than just a property investment for
1bhk(low cost module): Rs 5,80,000 the higher income group. Issues of not
2bhk(low cost module): Rs 7,10,000 having enough savings to buy the house
Studio apartments : Rs 7,10,000 for themselves, should not come into the
1bhk(low cost module) : Rs 7,30,000 way of opting our society.
2bhk(high cost module):Rs 8,70,000
*Including 30,000 medical insurance
SPECIAL MENTION | Z205 MAULANA AZAD NATIONAL INSTITUTE OF TECHNOLOGY, BHOPAL | 95