What is low-cost housing?

In a refreshing interview with real estate professional Rana Babbar, this episode of Rumble tells us about the intricacies of low cost housing. In fact he describes what is low cost housing; something which no one has ever attempted before because low cost is always a relative term. Rana describes low cost housing and how it can be the savior of India's economy and its people. To make things even more clear he says low cost housing is not just giving a roof over the head of poor people but instilling in them hope and good cheer. He says low cost housing is actually a kind of women's  empowerment. If  these low cost housing units are  registered in the name of the lady of the house this single act is enough to give women the confidence to take on the world and be the provider of her children, something which male members often fail with their  drunken behaviour. If the property is in the name of the woman she can rest easy knowing that she can  never be thrown out of her marital home on some flimsy  excuse.  This will make the women more confident that she can bring up her children correctly. I found this interview a startling and welcome departure from the usual talk about low cost housing. In a country like India low cost housing can work only through the government and not through the private sector because the single largest component of a house in terms of cost is always the cost of land and that is something that only the government can give free in large amounts. Private developers can join in the process of building such homes thereby increasing the national GDP while doing social service. It's a wonderful interview and I really look forward to more insightful discussions like this. It beats the hell out of the usual  experts talking about  it on television.

Maheshwaran, Abu Dhabi

The above referenced video can be seen at: