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Government / Housing and Public Works
The
Ministry of Housing and Public works is entrusted with the task
of carrying out public sector construction activities and looking
after urbanization, city development housing settlement aspects
throughout the country.
Housing
is an important growth sector having backward and forward linkages.
Because of ever-increasing demand, the sector the tremendous potentials.
A large number of property developers are already active in the
private sector. The state-owned House Building Finance Corporation
(HBFC) has been made fully operational for ensuring adequate credit
flow to this sector on easy terms. A National Housing policy has
been adopted which calls for providing shelter to the poor, the
homeless and the needy. The policy stipulates setting up of National
Housing Authority and a special Housing Bank.
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