Capacity building necessary for success of housing schemes, says Shri M.Venkaiah Naidu HUDCO sanctioned Rs.12,842 cr loans for weaker sections housing; released only Rs.5,787 cr DDA built and allotted over 4 lakh flats so far

Housing and Urban Development Corporation (HUDCO), a financing arm of the Ministry of Housing & Urban Poverty Alleviation has sanctioned total loans of Rs.12,842 cr since for construction of over 24 lakh houses for economically weaker sections since 2011-12, but only Rs.5,787.06 cr loans were released. This was informed by the Minister of Housing and Urban Poverty Alleviation Shri M.Venkaiah Naidu in reply to a Starred Question in the Lok Sabha today.