Wed Jul 27, 2016 10:01AM
This episode discusses on the development of Iran's housing market and construction technologies.
This episode discusses on the development of Iran's housing market and construction technologies.
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After three years of stagnation in Iran’s housing market, it is picking up; though slowly. Meanwhile, the country has progressed a lot in applying new civil construction technologies.

According to latest estimates on average some 50% of household incomes go to housing across the country. People in Iran, take different factors as contributing to the extortionate prices in the real estate market. Some people blame the housing stagnation on the anticipations prior to JCPOA where the majority had no desire to buy or sell. Some other believes that is because of the realtors. To resolve this problem, various governments have implemented various plans, among which, was the “Mehr Housing” project or “Social Housing” plan. Iran has embarked into importing and applying new civil construction technologies which not only speed up the process of construction, but also cut on the final price of a house.  

A recession hit the Iranian housing sector 3 years ago and led to a huge fall in buy and sell opportunities to their lowest level. The profits made from the same sector in the years prior, which at times had even hit 300%, suddenly took a steep nosedive, in a way that over a 3 year period, it bottomed at less than even 20%. This situation made a lot of people take out their money from real estate and put it elsewhere where there’s more interest such as the banks.

The Mehr Housing Project was a vision and mission of the Ahmadinejad government era. The current administration of president Rouhani, found the mega project a major contributing factor to inflation and excessive money stock and thus had it scrapped. Most industrial and economic projects, appreciate the tremendous value of time. Prefabricated construction projects  are essentially a way in which productivities boosted when it comes to energy and time thus saved as well.

Utilizing fiber-reinforced concrete (FRC), Un-plasticized Polyvinyl Chloride (UPVC) material and specifically Light Steel Framing (LSF) technologies in new constructions, have in recent years, not only made building walls and floors, thinner, that is lighter, but has made them that much stronger and certainly that much more resilient to preventing any waste of energy. Moreover the low cost in transporting and erecting these material, has generated a great deal of interest in such fast-paced pre-fab building projects in the past 15 years especially in Iran.