Low-cost houses priced at Rs 4-10 lakh.


Patrick Geddes in India, first published in 1947, is a rather unusual source of inspiration for homes that will not cost more than Rs10 lakh in cities across the country.

Geddes, a Scottish town planner who spent eight years in Indian cities and drew up nearly 50 town plans here in the first quarter of the 20th century, finds new relevance in the latest low-cost housing project being planned in the post-downturn scenario—low-cost houses are typically priced at Rs4-10 lakh.

In the foreword to the 2007 edition of the book (published by Select Books, Bangalore), historian Ramachandra Guha says Geddes’ core theories of town planning or designing an urban set-up can be summed up broadly under three themes: respect for nature, respect for democracy and respect for tradition. This essence will be translated into people-friendly, “green” homes by Value and Budget Housing Corp. (VBHC), founded in 2008 by Citibanker-turned-IT entrepreneur Jaithirth Rao and P.S. Jayakumar, a former Citigroup Inc. employee.

“Patrick Geddes is our muse and we are inspired by his attention to people in town planning and the joy of community living,” says Jayakumar............................Click for more



Source Web Page: Livemint.com

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