| Revision as of 06:39, 3 April 2007 editLakers (talk | contribs)3,336 editsm Reverted 1 edit by 58.106.147.51 to last revision by SmackBot. using TW← Previous edit | Revision as of 06:40, 3 April 2007 edit undo58.106.147.51 (talk) ←Replaced page with 'Category:Construction HI HOW ARE YOU?'Next edit → | ||
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| ] '''Low Cost Housing in Pakistan''' was initially based on the concept of providing ] to the ], without making enormous ]s. It was pioneered by ], a start-up construction company, that launched the "Low Cost Housing Society" in ] during the ]. | |||
| Al Azam built very low-priced ]- as well as ] accommodations in Karachi and ], using the ] system. It managed to keep prices down, without sacrificing quality, by: | |||
| * reducing its ]; and | |||
| * increasing ]. | |||
| During the ], Rukunuddin Construction Company followed Al Azam's footstep. The company, which was formed by a retired ] from the Pakistan Works Department (PWD), also introduced low-cost ] housing units, in addition to their regular low-priced apartments. The quality and safety of their units, however, were generally viewed as inferior. | |||
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| Maymar, another ] company, entered the market in the late 70s, with residential apartments and housing units that were probably the best ever built, and they were highly successful. As demand for better housing accommodation increased, Maymar moved ], leaving behind the low-cost housing sector. | |||
| Construction firms, such as Cellrock and Abidi, entered the industry in the early ] to focus on low-cost prefabricated housing units. As the quality of their construction was substandard, these efforts proved unsuccessful, causing serious financial losses. | |||
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| The construction industry began to mushroom towards the end of the '70s. Most of the new companies joined the industry merely to make a quick profit, without regards for the ] and ] of their buildings. Monthly installments were also too costly for most of the general public. As a result of ] ] practices, public confidence in low-cost housing projects suffered after some low-cost buildings collapsed, due to poor construction and thieving of construction materials. | |||
| Firms such as Al Azam are nowadays very rare, as most construction firms still preoccupy themselves with traditional outdated modes of construction. As the general public becomes increasingly knowledgeable and affluent, housing and construction are increasingly focusing on high -end and high-quality deluxe housing, where profits are also better. Today, low-cost housing are largely confined to remote city and town areas, and are largely managed by the ]. | |||
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| HI HOW ARE YOU? | |||
Revision as of 06:40, 3 April 2007
HI HOW ARE YOU?
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