But to construct a house is not all that easy. It is not without substance that a Tamil saying goes, "Veetai Katti Par, Kalyanathai Panni Par" (Basically the saying rates constructing a house and having a child's marriage done among the toughest).
Tuesday, October 6, 2009
Constructing houses creates jobs
Investment from any source in the housing sector is an appreciated aspect in today's indian real estate scenario, from an industry perspective. Let it be Resident Indians, NRIs or even companies, constructing houses creates jobs for a lot of people. A back of the napkin calculation shows that for a 1000 sq feet house, 100 direct employment (architect, building engineer, masons, helpers, electricians, plumbers, painters, carpenters, etc) and over 1000 indirect employment (people working in cement plant, brick kilns, tiles kilns, electrical fittings companies, saw mills, steel plants, paint companies, etc) opportunities are created. Of course the duration of the employment will depend on a number of factors like nearness to a supply sources for material and labour, access to high tech equipment, architecture, etc.
But to construct a house is not all that easy. It is not without substance that a Tamil saying goes, "Veetai Katti Par, Kalyanathai Panni Par" (Basically the saying rates constructing a house and having a child's marriage done among the toughest).
But to construct a house is not all that easy. It is not without substance that a Tamil saying goes, "Veetai Katti Par, Kalyanathai Panni Par" (Basically the saying rates constructing a house and having a child's marriage done among the toughest).
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