Vyas took charge of the ministry this afternoon with a prayer and chanting of mantras at her new office in Nirman Bhawan.
She asked her ministry officials to work harder to "make the most of the short time" available before the tenure of UPA-II government comes to an end in less than a year.
The minister told reporters that she would make all efforts to ensure tabling and passage of the Real Estate (Regulation and Development) Bill and the Street Vendors Bill, which have been approved by the Cabinet.
She said the UPA government had paid serious attention to fighting poverty in urban areas.
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The Real Estate (Regulation and Development) Bill was passed by the Cabinet recently and is likely to be moved in Parliament in the monsoon session.
The Bill is aimed at bringing more transparency and fairness in real estate transactions.