Housing Scenario in India and suggested Action Points for the States

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Supply side interventionsCont’d Suggested Action Points for the States –I. Activate Public Housing Development agenciesFor Public Agencies available land bank be used andconcessional loans at 8.0% to 8.5% pa be availed fromHUDCO. Further for EWS & LIG housing schemes HUDCOprovides for public agencies:Waiver of application feeWaiver of front-end-fee for EWS & LIG categories14
HUDCO’s Security Package for Govt./Public sectorPresent Security Package - Government Agencies (any one of thefollowing) State Government Guarantee Bank Guarantee Equitable Mortgage of land and building with 125% security coverageon loan amount with no lien account for the project receivables.Decision on the package is based on project viability and the valuationof properties by approved valuer. Equitable Mortgage can be eitherproject property or any other property of the agency Equitable Mortgage of ‘land and buildings’, and/or hypothecation ofmovable assets like buses, equipments/machinery, computers, furnitureand fixtures, office equipments etc. (125% coverage). In case of direct borrowing by the State Government, Government ofIndia permission for borrowing the loan Negative lien may be accepted in case of Government of IndiaMaharatna/Navratna/Miniratna companies.15
Page 1 and 2: ByShri Susheel KumarAdditional Secr
Page 3 and 4: Housing Shortage in the countryTech
Page 5 and 6: Challenges to Urban Housing Apart f
Page 7 and 8: Strategies to tackle the HousingSho
Page 9 and 10: Demand side InterventionsRajiv Rinn
Page 11 and 12: Demand side InterventionsRajiv Rinn
Page 13: Strategies to tackle the Housing Sh
Page 17 and 18: Supply side interventionsCont’d S
Page 19 and 20: THANK YOU19

Housing Scenario in India and suggested Action Points for the States

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