Jerry Rao Launches Low-Cost Housing Plan

Aug 20, 2010

BANGALORE: The low-cost housing segment is beginning to see  some action from organized players. And coincidentally, the two initiatives in this segment this year have both been promoted by former Citibank bigwigs. On wednesday Jaithirth Rao, best known as Jerry Rao and P S Jayakumar, both Citibankers ( Rao also founded IT services company Mphasis launched an affordable housing project called Vaibhava in Anekal around 11 kms from electronic city from Bangalore.

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