The market is one of over supply in the high end segment of housing. There is a large space in the bottom of teh pyramid. The low cost homes and the middle cost housing. By using pre-fab construction materials as well as with low cost land, (which should be 50 to 75 Kms away from the main city, but well connected by trains and by good network of good roads), well planned and good houses could be built for the masses, keeping the end price down, but operating on volumes. The entire approach should be to built a township, self contained, with adequate parks and playgrounds for different age groups, club houses with basic gym equipment and swimming pools and also indoor games, with corner stores in the layout, and with extensive landscaping giving a sense of well being for the residents, security, basic primary healthcare, schools and a modern communication centre and or a post office. This would be largely successful and more such low cost townships would ease the burden of the State, if taken up by the private sector. Govt. should in fact give subsidies, if this is taken up by the private sector.
