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| The concept of Low Cost Housing in Pakistan was probably based on the idea of providing the low-priced housing facilities to the people through low-cost construction without making enormous gains from the construction business. | |||
| ⚫ | ] | ||
| In the beginning of construction era in the private sector, M/s Al Azam Limited Construction Company created the Low Cost Housing Society in Karachi during the nineteen sixties. And simultaneously for the first time ever, the Al Azam pioneered the low-cost apartment system in Pakistan by introducing the residential as well as commercial type of accommodations in Karachi and Hyderabad at very low prices. | |||
| ] '''Low Cost Housing in Pakistan''' was based on the concept of providing ] to the ], without making enormous ]s, when ], a start-up construction company, launched the "Low Cost Housing Society" in ] during the ]. | |||
| The object was to provide economical accommodations for public through cut-rate construction without seeking enormous gains from construction selling. And to lessen the cost by dividing it between other linked units equally via surplus production while maintaining the quality as well. | |||
| ⚫ | ] |
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| Pioneering the ] system by introducing very low-priced ]- as well as ] accommodations in Karachi and ], it managed to do this, without sacrificing quality, by: | |||
| * not making enormous profits; 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. | |||
| ⚫ | ] | ||
| However during the delayed seventies another | |||
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| During the late seventies and nineteen eighties there came an age of mushroom growth of construction companies in the private sector that went unchecked due to corrupt administration. Several new people jumped into the construction selling just to swindle money from the public. Most of them were totally seeking financial gains with no concern about quality and safety of buildings. Even the monthly installments were too high-set which common man was unable to afford. The public lost certain amount of faith in the low cost housing projects because the low cost construction collapsed in the wrong hands and proved unsafe and disastrous resulting in several building collapses within the country killing innocent people due to dishonesty and thieving in construction material resulting in Poor construction and other various negative aspects. | |||
| Firms similar to M/s Cellrock and Abidi assembled the low-cost prefabricated Housing units during the early eighties but their efforts proved infertile due to substandard construction causing serious financial loss bringing end to their survival. | |||
| ⚫ | ] | ||
| In the beginning of the construction era in Pakistan the low-cost apartments were very successful. Still according to the general public, the Al Azam Built apartments were strong-built and durable. But with the passage of time the firms akin to Al Azam have disappeared from the market and now only once in a blue moon construct in distant areas of cities and towns. This happened because they remained glued to the outdated mode of construction and did not develop with time or maybe due to some other unidentified cause. | |||
| However the people of the earlier days of the building age in Pakistan were uninformed about construction. Yet in this day and age, due to the growing awareness among the public with the passage of time, the concept of housing and construction has twisted more toward high-quality and deluxe housing. And due to the ever-increasing competition in the field of construction selling, an average builder seeks everlastingly more and more gains from his investment. | |||
| ⚫ | 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. | ||
| Today the low-cost housing commonly survives in particular far-flung areas of cities and towns, which are mostly out-of-the-way. And is by and large managed by the government. | |||
| 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. | |||
| Due to the growing awareness among the public and demand for superior mode of construction, the standard construction has risen on an | |||
| ⚫ | ] | ||
| average-scale. Generally a normal builder focuses on earning maximum amount of profit from his business and endeavor to provide high-priced accommodation instead of the low-cost. | |||
| 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 ]. | |||
| . | |||
Revision as of 13:33, 12 October 2005
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Private-sector Low Cost Housing in Pakistan was based on the concept of providing housing facilities to the general public, without making enormous profits, when Al Azam Limited Construction Company, a start-up construction company, launched the "Low Cost Housing Society" in Karachi during the 1960s.
Pioneering the apartment system by introducing very low-priced residential- as well as commercial-type accommodations in Karachi and Hyderabad, it managed to do this, without sacrificing quality, by:
- not making enormous profits; and
- increasing land-use density.
During the 1970s, Rukunuddin Construction Company followed Al Azam's footstep. The company, which was formed by a retired overseer from the Pakistan Works Department (PWD), also introduced low-cost prefabricated housing units, in addition to their regular low-priced apartments. The quality and safety of their units, however, were generally viewed as inferior.
Maymar, another construction 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 upmarket, leaving behind the low-cost housing sector.
Construction firms, such as Cellrock and Abidi, entered the industry in the early 1980s to focus on low-cost prefabricated housing units. As the quality of their construction was substandard, these efforts proved unsuccessful, causing serious financial losses.
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 quality and safety of their buildings. Monthly installments were also too costly for most of the general public. As a result of corrupt administrative 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 government.