Building a home in places like India is an extremely taxing endeavor. In the first place, you must at the very least own land or buy a piece of land if you don’t own one already where you are going to build your house. This in itself is one long and tedious process. You will then need to apply for an allotment to buy materials for building the house such as steel bars, cement, and pipes.
For socialist countries like India, getting these materials is not easy. This I because they use a quota system to distribute such items. This means that even getting the right quantities might prove to be a challenge.
And then there is the bureaucracy that goes into applying for connection to social amenity services like water, electricity, and sewerage. This can take as long as a year to get these services. It is a frustrating experience as it were.
3-D Printing and The X1 Robot from Cazza
In an effort to solve such problems, Cazza, a 3-D printing firm has created a robot they call X1. One of the capabilities of X1 is that can 3-D print a whole house in less than a week. X1 has already 3-D printed several structures such as commercial buildings, warehouses, and houses. This is one impressive development and Cazza further points out that this type of 3-D printing can reduce building costs by up to 40 percent. Bear in mind that this technology also reduces the time needed for construction of a house to just 7 days, and resume him.
About Paul Mampilly
Paul Mampilly began working at Banyan Hill Publishing in 2016, where he serves as a senior editor. He specializes in helping Main Street Americans grow their wealth by investing in technology, stocks, and special opportunities.
Paul Mampilly began his career on Wall Street way back in 1991 at Bankers Trust where he was serving as an assistant portfolio manager. He then proceeded to major positions at different firms such as ING and the Deutsche Bank, where he managed multimillion-dollar accounts.
In 2006, the owners of Kinetics Asset Management, a $6 billion firm hired Paul Mampilly to manage their hedge fund. Under Paul’s guidance, the company’s assets exponentially rose to a staggering $25 billion. As a result of their immense success, Barron’s named it one of the “World’s Best” hedge funds. During Paul’s headship, the fund was averaging 26% in annual returns.