there are many policies , organisations and institutions in india which are guarding housing market . check out the details about it.

1. POLICY/ORGANISATION YEAR FUNCTION
Five Years Plans 1951 had assigned housing sector a prominent place in the economy
National Buildings Organization
(NBO)
1954 Started under the Ministry of Housing and Urban Poverty Alleviation for
technology transfer, experimentation, development and dissemination of
housing statistics.
Housing and Urban Development
Corporation Ltd. (HUDCO)
April 25,
1970
To deal with the problems of growing housing shortages, rising number of
slums and for fulfilling the pressing needs of the economically weaker section
of the society
National Housing Policy 1988 To improve the conditions of the inadequately housed and providing a
minimum level of services/amenities to all
National Housing bank 1988 under an Act of the Parliament to function as a principal agency to
promote housing finance institutions and to provide financial and other
support to such institutions.
National Buildings Organization
(NBO) -revised
1992-2006 revised keeping in view the current requirements under the National Housing
Policy, and various socio-economic and statistical developments connected
with housing and building activities.
The National Housing and Habitat
Policy
1998 It was formulated after a thorough review of the earlier policy
National Urban Housing and Habitat
Policy- revised
2007 It was formulated in view of the changing socio-economic parameters of the
urban areas and growing requirement of shelter and related infrastructure.
supportive government measures like easing regulations , releasing more land for housing purposes, offering tax
concessions, rationalization of stamp duty ,computerization of land records in many states , repealing of the Urban
Land Ceiling Act in most states across the country and Opening up the real estate sector to FDI have had a positive
impact on the growth of housing finance in India.
INSTITUTIONS IN HOUSING MARKET OF INDIA:
The following institutions have been instrumental in developing the housing finance market in India. They are:
the Central and State governments RBI and NHB.
ROLE OF GOVERNMENT IN HOUSING MARKET:
INSTITUTIONS IN HOUSING MARKET AND HOUSING FINANCE IN INDIA

2. INSTITUTIONS IN HOUSING MARKET OF INDIA:
The following institutions have been instrumental in developing the housing finance market in India. They are:
the Central and State governments RBI and NHB.
RESERVE BANK OF INDIA :
INSTITUTIONS IN HOUSING MARKET AND HOUSING FINANCE IN INDIA
BUSINESS STANDARD NEWSPAPER’S ARTICLE ABOUT
RBI ROLE IN HOUSING SECTOR
This will be a boost for the
low-ticket housing segment
(up to Rs 30 lakh) …
increasing the loan-to-value
will encourage builders to
focus on this segment. With
the interest rates coming
down, they expect more
sanctions and disbursement
for banks
NATIONAL HOUSING BANK:
National housing bank helps to regulate and supervise
the housing finance companies. a number of new
players have entered the housing finance market with
competitive offerings which have helped increase the
demand for housing loans.
INDIA MORTGAGE
GUARANTEE
CORPORATION
India Mortgage Guarantee
Corporation (IMGC) was
founded in June 2012 with
a vision to make early
home ownership a real
possibility through the
provision of mortgage
guarantees.
SOURCE: NHB

3. LAND ADMINISTRATION INSTITUTIONS:
THE BASIC STRUCTURE OF LAND ADMINISTRATION INVOLVES FOUR MAIN INSTITUTIONS. THEY ARE:
1. The Land Revenue Department maintains the database for land records
2. Department of Survey and Land Records is responsible for maintaining spatial data, mapping and demarcating boundaries.
3. The Office of Stamp and Registration is responsible for collecting stamp duties on these transactions.
4. Local bodies maintain property tax registers.
INSTITUTIONS IN HOUSING MARKET AND HOUSING FINANCE IN INDIA
INSTITUTIONAL SCHEMES:
• The Rural Housing Fund (RHF) was set up in 2008, to enable primary lending institutions to access funds for extending
housing finance to targeted groups in rural areas at competitive rates. Disbursements under the Rural Housing Fund have
helped in creation of dwelling units for women, marginal farmers, small artisans, members of scheduled castes and scheduled
tribes and minority communities.
• In May 2007, NHB conceptualized the Reverse Mortgage Loan (RML) and formulated the Operational Guidelines for RMLs
• The Central Registry of Securitization Asset Reconstruction and Security Interest of India (CERSAI), a Government
Company licensed under Section 25 of the Companies Act, 1956 has been incorporated for the purpose of operating and
maintaining the Central Registry under the provisions of the Securitization and Reconstruction of Financial Assets and
Enforcement of Security Interest Act, 2002 (SARFAESI Act). The objective of setting up the Central Registry is to prevent frauds
in loan cases involving multiple lending from different banks on the same immovable property.
• Indira Awaas Yojana (IAY) aims at providing dwelling units to houseless below poverty line (BPL) households identified by the
gram sabhas and those living in dilapidated and kutcha houses, with a component for providing house sites to the landless poor
as well.
• Along with developing housing sector, welfare of construction workers also needs to be seen. As a part of Deen Dayal
Upadhyaya Shramev Jayne Karyakaram, the Government has launched Portability through Universal Account Number of
Employees Provident Fund benefitting around 10 lakhs construction workers and contract labourers.

4. INSTITUTIONS IN HOUSING MARKET AND HOUSING FINANCE IN INDIA
INSTITUTIONAL SCHEMES:
the Government of India has launched few more following schemes to alleviate the shortage of affordable
housing:
i) Rajiv Awas Yojana (RAY):
Government of India launched RAY in June 2011 .The Central support under the scheme is admissible to
States/UTs and Central Government Agencies for providing housing including new houses, incremental
houses, rental houses, transit housing and development/improvement of basic civic & social infrastructure
under the scheme. 212 projects in 22 states approved with 1,53,326 houses at project cost of ` 8,139.78
crore with central share of Rs 4,470.41 crore. `1632.27 crore has been released so far. Construction of 1406
houses has been completed till date.
•
(ii) Jawaharlal Nehru National Urban Renewal Mission (JNNURM):
For rehabilitation of slum dwellers Government launched the JNNURM on 3rd December, 2005 for assisting
State Governments in providing housing and basic civic services like water, sanitation etc to urban poor/ slum
dwellers in 65 select cities under the Sub Mission Basic Services to the Urban Poor (BSUP) and in other
cities and towns, under the Integrated Housing and Slum Development Programme (IHSDP).
One of the 3 pro-poor reforms under JNNURM is provision of basic services to urban poor including security
of tenure improved housing, water supply, sanitation education health and social security. As on 16th Oct
2014, 1517 projects have been approved for construction of 14,38,275 houses at cost of ` 20,140.97 crore.
Construction of 1406 houses has been completed till date.
•
(iii) Affordable Housing in Partnership (AHP):
As an integral part of RAY, the competent authority has also approved continuation of implementation of
Affordable Housing in Partnership (AHP) Scheme. The scheme has been amended to provide Rs 75,000 per
EWS/LIG dwelling unit of 40 sqm size for housing and internal development components with an objective to
encourage private sector participation in affordable housing. 18 projects are approved at project cost of `
1192.25 crore with central share of ` 112.53 crore for construction of 20,472 houses. Construction of 4728
houses has been completed
(iv) Rajiv Rinn Yojana (RRY):
Government of India has implemented RRY with effect from 1st October 2013. Under this Scheme, an
interest subsidy of 5% p.a for loans upto Rs 5.00 lakhs and for tenure of 15-20 years, will be provided to
EWS/LIG housing loan borrowers in Urban Areas availing loans from Financial Institutions i.e Scheduled
Commercial Banks & HFCs etc

5. INSTITUTIONS IN HOUSING MARKET AND HOUSING FINANCE IN INDIA
HOUSING FINANCE COMPANIES :
Housing Finance Companies (HFCs) registered with NHB are the second largest players in the housing market. The outstanding
amount of housing loans by 56 HFCs with 2,065 branches spread across the country increased from Rs. 33,250 crore as at end-
March 2001 to Rs, 86,155 crore as at end-March 2006 to Rs. 2,90,427 crore as at end-March 2013. In 2012-2013, maximum loans
by HFCs were distributed in Maharashtra and Tamil Nadu followed by UP and Karnataka. In the case of HFCs loans to Individuals,
72 per cent of housing loans were disbursed for the purpose of constructing or acquiring a new house while 25 percent was
disbursed for purchase of an old or an existing house.
Top housing finance companies in india (source: CNBC)
OTHER HOUSING FINANCE COMPANIES:
1. Hometrust Ltd., a company by Gujarat
Ambuja Group,
2. Global Housing finance Ltd., a syndicate of
reputed builders,
3. Weizmann Homes Ltd., a company from
Weizmann Finance Ltd.,
4. Maharishi Housing Finance Corporation
Ltd., a company from Maharishi Group, are
also catering to housing finance sector.
5. SBI Home finance Ltd., a subsidiary of SBI,
6. PNB Housing Finance Ltd., a subsidiary of
PNB is also doing very good business.
SBI Home Finance Ltd. is doing little bit slow for
the time being but PNB Housing Finance Ltd. has
recently opened its new branch near Shoppers
Stop, Andheri.
7. BOB Housing Finance Ltd., a subsidiary of
Bank of Baroda also having very attractive
housing finance schemes.
8. Can Fin Homes, very aggressive subsidiary
of Canara Bank in Southern India , is also
doing very good job in Western parts of the
country.

6. INSTITUTIONS IN HOUSING MARKET AND HOUSING FINANCE IN INDIA
HOUSING FINANCE SYSTEM IN INDIA:
The following institutes are providing different Home Loan product to the different class of the people in the society
and conduct the activity of financing and refinancing in the sector:
1. Scheduled Commercial Banks
2. Housing Finance Companies
3. Scheduled Cooperative Banks (Scheduled State Co-operative Banks, Scheduled District Cooperative Banks and Scheduled
Urban Cooperative Banks)
4. Agriculture and Rural Development Banks
5. State Level Apex Co-operative Housing Finance Societies
NHB Refinance Disbursements
• NHB extends financial assistance to banks, HFCs, and
cooperative sector institutions, towards their individual
housing loans.
• Refinance by NHB has increased substantially from Rs.
1,008 crore in 2000-01 to Rs.5, 632 crore in 2005-06
and to Rs.17, 542 crore in 2012-13. SCBs account for a
major component of disbursement
• Cumulative disbursement by NHB is Rs.86, 277 crore
between 2006-07 and 2012-13 of which 52 percent is to
SCBs and 46 percent to HFCs.