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March 18, 2017

Bihar State Housing Board, 6, Sardar Patel Marg, Patna- 800 015

  webmaster       March 18, 2017
Bihar State Housing Board
6, Sardar Patel Marg
Patna- 800 015

Phone No. - 0612-2217992
Fax No. - 0612-2217605
Email-Id: -

 Bihar State Housing board(BSHB) represents a statuory authority constituted by the Government of Bihar under the Bihar State Housing Board act ,1982 and is mandated with the develpoment of various housing schemes & related infrastructional facilities in the state. The objective of the board is to ensure provision of quality housing accomodation at affordable prices for all sections of the society. Towards releasing our mandatated objectives we work on "No Profit No Loss" basis. A mechanism of cross subsidy across targeted schemes for different economic groups of the society has been formulated i.e charging a higher rate of interest from HIG/MIG to counter subsidy component provided to weaker section schemes. We go for outright market loans by which we acquire,develop,construct and sell properties to targeted groups.The allottment process is governed by Bihar State Housing Board(Residential Properties Management and Disposal) Act,1983.

Currently ,the Poverty ratio of Bihar is 55.3%. This Means of the weaker sections in Bihar lives in slums and slumm-like conditions without adequate basic facilities.With rapid urbanization in Bihar,Urban Employement growth rate has incresed by 1.66% which results into migration of more and more people from the rural areas to major cities in search of employment,thereby making the situation even worse.The supply of affordable housing is constant and remains limited, whereas,the demand for affordable housing is increasing.

BSHB has 2958.85 acres of acquired land in almost 7 divisions and 10 district level towns in all. Through its various schemes,BSHB has constructed 11,637 housing units for various income classes.Also BSHB has undertaken land development of 7015 plots.


Acts & Rules

“Strengthening the envisioned goal to acheive urban affordable housing by infusing private sector participation”
Demographic changes of the state during past decade, suggest that trends of urbanization is currently on increase by 1.35% annually. A revamped developmental stride, being promoted by the state Government machinery, especially in the areas of infra structure development and service sector is bound to accelerate this trend further. It is estimated that with its current pace of urbanization, the size of urban Bihar Would be 25% of the state population by 2025 i.e. around 40 million population would be in cities and for which 8 million houses would be freshly in demand, and of them 5 million houses for weaker section only.
So be the scenario, it is the urban affordable housing which requires BSHB a renewed focus on its strategy and delivery capacity to contribute its bit.

With these parameters BSHB strives to ascertain its efforts to broad base and significantly augment its ground level activity and its delivery capacity by way of inviting pubic private partnership (PPP) programs. In order to achieve this several policy and working level pre requisites have been modified, and being moderated to attract better co ordination between BSHB and other housing sector stakeholders. It is aimed to bring about time framed project completion, reduction in gestation period, empowerment of EWS/LIG Households and avoiding schedule over runs. Mobilizing huge resources for funding, large scale construction and capacity building, labor management for mass scale affordable housing are other miles stones to be attended to.

So a huge private sector that we have around, and which is better equipped in housing project delivery, shall be a preferred choice for BSHB to undertake partnership towards realizing our mission 2025.

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Thanks for reading Bihar State Housing Board, 6, Sardar Patel Marg, Patna- 800 015

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