By setting up an ambitious target of reducing the housing shortage by 30%, National housing bank aims to catalyse Rs 75000 crore institutional housing credit by 2009.
" We would like to catalyse Rs 75,000 crore institutional credit flow to the housing sector by creating additional 15 lakh dwelling units in the next three years" says the chairman S Sridhar.
He also said that they are seeking partnership with banks, HFC's, RRB's and many other professional bodies to achieve this target.
The NHB is also developing an exclusive index for the residential property price. A detailed project aimed at developing such an index is on and has already been carried out in the Delhi property market. The index will reflect the residential estate prices and will thus help you in buying a property.
Home
» Real Estate News 
Real Estate News 
