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Posts Tagged ‘India’

A Modular Container High Rise in Densely Packed India

September 4th, 2015 Comments off

india_modular_container_high_rise__fastcoexist__creditIndia’s Architect Shekar Ganti won an architectural competition for skyscraper designs for Mumbai, the largest city in India with a population of 18.4 million, a port city with a plethora of shipping containers. Ganti uses a supporting structure to stack eight unit-high levels of modular shipping containers, like boxes stacked on shelves with the wiring, stairway and plumbing running up through the central support.

Each residence is comprised of three containers, which are bolted into place, as fastcoexist tells MHProNews. Outdoor corridors are lined with perforated clay bricks that provide shade but allow air to flow through. The complex would utilize solar panels and wind turbines for power, and LED lighting.

The design is narrow, suitable for the camped streets of the Dharavi district, in the middle of the city, a crowded slum of between 300,000 and one million people covering 535 acres. ##

(Image credit:fastcoexist/Shekar Ganti-modular shipping container housing)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Affluent Foreigners Purchased over $100 Billion in U. S. Real Estate

June 23rd, 2015 Comments off

bathroom luxury    master bath     480 sq ft not including the two closets  michael stravato  ny timesAt an average price of $500,000, wealthy foreigners bought a record $104 billion of U. S. residential real estate between April 2014 and March 2015, according to cnbc, accounting for eight percent of existing home sales. The National Association of Realtors (NAR) reports Chinese were the biggest purchasers attributable for $28.6 billion of the total, followed by Canada with $11.2 billion and India with $7.9 billion.

Florida was the favored destination state for overseas real estate buyers as 21 percent of purchasers bought real estate there, followed by California with 16 percent, Texas with eight percent and Arizona with five percent, accounting for half or the overseas buying. Only three percent of the purchases were in New York state, almost all of which were in New York City.

Europeans and Canadians preferred Florida and Arizona, while Asians opted for California and Texas, and Latin Americans favored Florida and Texas, as MHProNews has learned.

Although the number of properties sold to foreign buyers dropped from 232,600 the previous 12 months to 209,000, buyers purchased more expensive properties, which raised the total dollars spent. The mean purchase price was $499,600, 26 percent higher than the previous year, and nearly twice the national mean purchase price of $255,600. Over half the buyers—55 percent—paid cash.

The drop in total number of sales was likely due to the stronger dollar, which makes U. S. real estate more expensive for overseas buyers. However, U. S. property is less expensive than other cities that draw the wealthy: a condo that costs $1.6 million in New York would go for over $4 million in Paris and $2 million in Moscow. ##

(Photo credit: NYTimes/Michael Stravato–480 square foot master bath)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

New Featured Articles Scheduled to Go-Live by 11 PM May 2

May 1st, 2015 Comments off

15-minutes-daily-feed-the-mind-improve-results-shutterstock-ipadcredit-daily-business-news-mhpronews-com-(3)Due to an extended Inside MH Road Show, the prior week at the MHI Congress and Expo, pending special announcements and other factors, the new Featured Articles (FAs) on MHProNews are scheduled to go live by approximately 11 PM May 2nd.

Until then, you’ll find recent articles on MHLivingNews.com, such as:

http://manufacturedhomelivingnews.com/tyson-blattner-purdue-university-grad-student-on-manufactured-home-living-inside-mh-video-interview/

http://manufacturedhomelivingnews.com/who-knows-manufactured-home-reality-the-best/

http://manufacturedhomelivingnews.com/olga-pecanac-olgas-place-westville-indiana-inside-mh-road-show-video-interview/

http://manufacturedhomelivingnews.com/take-another-manufactured-home-tour-inside-mh-road-show-model-video/

http://manufacturedhomelivingnews.com/evan-atkinson-walnut-model-home-tour-inside-mh-video-road-show/

During our recent road show, we captured over 40 video interviews, three manufacturers and multiple retailers and communities, plus dozens of MH home owners and community residents. These videos will help inform the public to better understand and appreciate our homes and industry, directly from those who know it best.

Since all leaders are readers, odds are good that you are or aspire to leadership in your organization and the MH Industry. Our team thanks you for your understanding and dedication to advancing the cause of manufactured housing. ##

(Graphic Credit: Shutterstock/MHProNews.com)

John Murchie: Modular Housing Missionary

June 5th, 2014 Comments off

Once involved in the tea business that his grandfather and namesake founded in 1894, these days 78 year-old John Murchie is on a quest to develop a modular home that he hopes will solve the housing shortage in underdeveloped countries. His grandfather developed Murchie’s Tea & Coffee company in Canada, which now has numerous retail outlets and worldwide shipping, as MHProNews has learned from the website. A Baptist minister, heavy duty mechanic, machinist and history buff, Murchie says, “We have to change the world and we can do this through housing. Tin roofs and containers are not the answer for housing (in Third-World countries). I don’t understand paying billions on space programs when we have people living in India on a dirt floor. There’s something unbalanced about that.”

Noting the size of buildings is getting out of hand, Murchie says of site-built homes, “Two Dumpsters of materials go to the landfills when they are finished building an average size house. We have to stop that waste.” He previously built 20 prototypes before developing the house he now has in production, which is hurricane and tornado proof, according to vancouversun.com. The company will be able to build a unit every three days, and sell them for $48,500; but he says in Ecuador, the Dominican Republic and Belize the cost would drop to $20 a square foot from the $90 a square foot price in Canada. His firm, Murch-Tech Consulting Company, plans to donate five percent of every sale to Haiti relief efforts. The 350 square foot “Eagle” features an open deck on the second level, and is on display in Langley, British Columbia, just outside Vancouver. ##

Photo credit: Ric Ernst/vancouversun.com–John Murchie in front of his earthquake and hurricane-proof  modular hom.)

India may be Inundated with Millions of Modular Homes

January 24th, 2014 Comments off

American architectural firm KieranTimberlake (Stephen Kieran and James Timberlake), taking a page from Henry Ford and his numerous prototypes (the “Model T” derives from the 19th letter in the alphabet, because Henry had 18 previous failures), are working to transform architecture beyond its traditional guidelines into the domains of software developers and industrial engineers. Using software that can track the exact dimensions and physical properties of each component, and having studied the construction techniques employed by the automotive, aerospace and shipbuilding industries, the pair has come up with a prototype modular home made of aluminum and lightweight pre-cast concrete panels. Working with Indian investors, according to theglobeandmail.com, the goal is to produce quick-to-assemble and easy to move homes for the middle class suitable to India’s climate, with a potential market of hundreds of millions homes. With an eye for innovation and detail, for example, MHProNews has learned the pair is working with concrete panels that bear thousands of tiny rounded indentations, which cast tiny shadows to keep the surface cool.

(Photo credit: northbaybusinessjournal.com–modular home)

Manufactured Housing Remains as Preferred Pre-Fab

December 3rd, 2013 Comments off

As part of their Prefabricated Housing—Global Strategic Market Report, researchandmarkets.com states the manufactured homes segment of the industry accounts for ten percent of housing starts in the U. S., and contributes significant revenues to the entire housing industry, especially since shipments began rising in 2011. While low housing costs particularly for singles, young marrieds and seniors are currently driving the demand for manufactured homes, lack of retail financing is the greatest challenge to the segment, as MHProNews knows. Similar to other industries, the prefabricated housing market is moving in the direction of low carbon footprints, with solar energy, water cachement devices and energy efficient windows and insulation as it also seeks a “greener” identity. Currently the U. S. and Europe have the lion’s share of the prefabricated housing market, although Australia and New Zealand markets are growing. In the future, burgeoning demand for affordable housing is expected in China, Korea, India and Taiwan as the compounded growth rate reaches 4.4 percent through 2017, according to the report.

(Photo credit: mobilehomeliving.org–Australia manufactured home)

Seniors Joining Millennials in Ranks or those Living with Relatives

November 24th, 2013 Comments off

While the percentage of Millennials (ages 18-31) moving back with their parents rose from 34 percent in 2009 to 36 percent in 2012, as MHProNews reported Aug. 6, 2013, Trulia.com reports multi-generational living is going in another direction as well: The number of seniors living with their children and other relatives is also on the rise, although it depends upon the native origins of the seniors. According to HousingWire, 25 percent of foreign-born seniors live with family members as compared to only six percent of those native-born. But it depends upon the country of birth. Seniors from India, Vietnam and Haiti rank the highest in terms of the likelihood of multi-generational households.

(Photo credit: Department of Housing and Urban Development)

Shipping Containers to Modular Homes

May 20th, 2013 Comments off

Lanka Business Today reports the demand in Sri Lanka for shipping containers converted into modular homes has begun a trend causing one modular home builder to double production in order to meet demand. Dharshana Fernando, Managing Director of Hybrid Homes (pvt) Limited, says, “We have received considerable amount of orders from potential home owners and are currently in the process of manufacturing and delivering the first batch of Hybrid Home units. We have already taken steps to double our production capacity to meet the increased customer demand.” Hybrid offers customized homes from containers limited only by budget and imagination. They also offer standard models from the factory installed on your site, as well as containers for the DIY (do-it-yourself) crowd who wants to adapt them from scratch into homes. Useable ones start around $1,800 each. AsMHProNews knows, Sri Lanka is an island at the southern tip of India where the Bay of Bengal meets the Indian Ocean.

(Photo credit: Lanka Business Today)

Business Organizations Dismayed by Obama

October 1st, 2012 Comments off

WashingtonExaminer says a poll of manufacturers and small business owners commissioned by the National Association of Manufacturers (NAM) and National Federation of Independent Businesses (NFIB) reveals 55 percent would not have started their businesses in today’s economic climate. Additionally, 69 percent say President Obama’s regulatory policies have hurt their business and 54 percent say China and India are more supportive of small business and manufacturers than the U.S. Sixty-seven percent report there is not enough stability to expand their businesses. Jay Timmons, president of NAM, says, “There is far too much uncertainty, too many burdensome regulations and too few policymakers willing to put aside their egos and fulfill their responsibilities to the American people. To fix this problem, we need immediate action on pro-growth tax and regulatory policies that put manufacturers in the United States in a position to compete and succeed in an ever-more competitive global economy.” MHProNews has learned NFIB president Dan Danner notes the government has erected too many barriers to growth that increase the cost of doing business.

(Image credit: National Association of Manufacturers)

Falling Crude = Real Estate Recovery

June 12th, 2012 Comments off

EmergingMoney tells MHProNews.com the result of falling oil prices is cheaper financing and less expensive materials, which helps the global real estate market. Lower priced oil means: Lower transportation costs for material shipments and commuters; generally lower rate of inflation which helps keep interest rates down; lower costs of home and commercial construction since so many materials used in building come from petroleum—roofing, coatings, asphalt, paints; and billions of dollars that would go for oil imports can now be used domestically. Since the largest importers of crude oil are also the largest real estate markets—the U.S., China, Brazil, and India—as oil prices fall more funds will be available for real estate.

(Photo credit: OilGasFinancial)