Govt Positively Discourages Affordable Housing: Jerry Rao

Jul 20, 2012

“A promise is a promise” is what Ratan Tata had said when he gave India the Nano in 2008. Four years down, Jaithirth (Jerry) Rao expresses a similar sentiment. Rao, who had previously founded IT company Mphasis that he later sold to EDS, had promised he would do a housing project with flats in the Rs 10-15 lakh range, a category that private builders keep away from. He delivered on that promise recently, handing over possession of 400 such homes in Bangalore. In an interview to TOI, Rao, chairman of Value and Budget Housing Corporation, talks about his learnings.

For more details please visit : https://timesofindia.indiatimes.com/business/india-business/govt-positively-discourages-affordable-housing-jerry-rao/articleshow/15048564.cms