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.