There are several songs regarding the Glasgow inner city redevelopment and the overspill Housing Schemes.
I will look through my Glasgow Song lyric files (not on my Comp) and check to see if I have this particular song you are seeking there.
It doesn't ring a bell with me and the 'patter' (dialect), to me, doesn't read as Glaswegian. That means little as it could have been reworked I suppose.
If you are interested there is an interesting site you might want a look at on the subject of overspill Housing Schemes: The best laid schemes right enough!)

Jude