Sunday, 25 August, 2013

Housing for those at the bottom of the Pyramid

Low Cost Housing

IIT Madras has apparently built a nice 2-storeyed apartment at a TOTAL construction cost of just Rs. 650,000/=. Yes, you heard that right. It comprises of a built up area of 1981 square feet. The structure was built within a span of just a single month.

Most important, the experts who came up with this building are confident that the same technology can be used to build buildings upto 7-8 floors. And they assure us about the durability and safety factors.

Do read on:

Am sure that this can be a splendid option for low cost housing. And can bring the real estate prices come down to earth. Will our builders take note?



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