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Housing Authorities in India |
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Housing Authorities in India are solely responsible for the rapid development of India real estate market . Formed under the Ministry of Urban Development, there are regional housing authorities at state and city level with pre-determined areas under jurisdiction. There are Metropolitan development agencies active in the metro cities like Delhi, Mumbai, Kolkata, Chennai and urban cities like Bangalore, Hyderabad, Pune, Noida, Gurgaon, Ghaziabad, etc. These undertake the mammoth task of providing adequate infrastructure facilities to the masses.
Any housing authority in India has to draft a development plan called Master Plan for their city that declares the development plans and objectives set forth by the regional housing authority. The implementation of these plans in an efficient and judicious way has enable the regional housing authorities in developing entirely global cities like Noida , Navi Mumbai etc. Special housing schemes are rendered for the Lower income groups (LIG), economically weaker sections (EWS) and the middle income groups (MIG).
As the property in India is being developed in a well-planned way utilizing the available resources including land and infrastructure facilities in the most optimal manner, there is a general stir of curious interest among the NRI investors for major real estate investments in India . This also forced the Government of India to relax the restrictions earlier imposed on FDI (Foreign Direct Investments) in the real estate sector in India.
We have created comprehensive database of the top listed regional housing authorities in India working under the Ministry of Urban Development India. We give you information regarding the significance and past, present or upcoming projects by each Housing Authority in India. Just browse through our dedicated pages on each and get a detailed profile of these Metropolitan Development Agencies in India. | |
| Ministry
of Urban Development |
In
the federal structure of the Indian polity, the matters pertaining
to the housing and urban development have been assigned by the
Constitution of India to the State Governments. The Constitutions
(74th Amendment) Act have further delegated many of these functions
to the urban local bodies. The constitutional and legal authority
of the Govt. of India is limited only to Delhi and other Union
Territories and to the subject which State Legislatures authorise
the Union Parliament to legislate.
Website: www.urbanindia.nic.in
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| Delhi
Development Authority |
The
Delhi Development Authority was created in 1957 under the provisions
of the Delhi Development Act "to promote and secure the
development of Delhi ".DDA has played a vital role in the
orderly-yet-rapid development of Delhi. The city has become
the residence of choice for more than 11 million people and
this number continues to increase.
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| Mumbai
Metropolitan Region Development Authority |
Mumbai
Metropolitan Region Development Authority is responsible for
the development of Mumbai Metropolitan Region (MMR) which comprises
a Megacity of Mumbai - the capital of Maharshtra State - and
rapidly growing hinterland. MMRDA was set up on the 26th January,
1975 under the Mumbai Metropolitan Region Development Authority
Act, 1974 Goverment of Maharashtra as an apex body for planning
and co-ordination of development activities in the Region.
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| Bangalore
Development Authority |
Bangalore
Development Authority (BDA) was constituted on 16 January 1976
under an Act of the State Legislature. This Authority combined
in itself the planning functions of the City Planning Authority
and developmental functions of C.I.T.B. The Bangalore Development
Authority is the planning and development Agency for the Bangalore
Metropolitan Area.
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| Chennai
Metropolitan Development Authority |
CMDA
is a (Town) Planning Authority constituted under the Tamil Nadu
Town and Country Planning Act 1971.It is headed presently by
the Hon'ble Minister for Housing as its Chairman.It prepares
development plans viz. Master Plan/ Detailed Development Plans
for spatial development of Chennai Metropolitan Area, with a
public consultation process. It identifies, formulates and implements
projects including those envisaged in the plans. It also regulates
developmental activity in accordance with the rules.It co-ordinates
and monitors projects executed through Government Agencies,
Non-Governmental Organizations and Community based Organizations.
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| Kolkata
Metropolitan Development Authority |
Kolkata
Metropolitan Development Authority (KMA), is the statutory planning
and development authority for the Kolkata Metropolitan Area
(KMA) under provision of the West Bengal Town and Country (Planning
& Development) Act, 1979. Initially formed under a Presidential
Ordinance in 1970, it is today the agency for planning, promoting
and developing the KMA.
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