Construction sector domain knowledge is leveraged for entry into low cost housing
PTF has constructed 1500 houses at less than Rs6.5 lakhs (US$9300) per house in past 2 years. More importantly, it has developed an ability to construct 10,000 homes per annum. PTFs low cost housing initiative has 2 unique features. First, PTF tries to hire a family member from the beneficiary for whom the house is being constructed. This leads to skill training at zero cost for the family member. Second, PTF pays this family member Rs350 per day for his services. This provides an additional Rs16,000 income for the beneficiary’s family since the house is constructed in 45 days.