Low-Cost Housing is a new concept that deals with effective budgeting and following techniques that help in reducing the cost of construction through the use of locally available materials along with improved skills and technology without sacrificing the strength, performance, and life of the structure. There is a huge misconception that low-cost housing is suitable for only substandard works and they are constructed by utilizing cheap building materials of low quality. The fact is that Low-cost housing is done by proper management of resources. The economy is also achieved by postponing finishing works or implementing them in phases.