SAHAKARA SINDHU
Department Of Cooperation, Government of Karnataka
Agricultural Credit || Non Agricultural credit || Marketing || Processing || Consumer || Dairy || Housing
HOUSING SECTOR
For more details contact : R.M.Kalloli, ARCS (Housing), |
The house building Cooperative societies numbering has performed a significant role in our state. The housing Cooperatives have so far acquired acres of land in different paths of the state and consequently are able to distribute sites to their members.
Sl.No |
Details |
2010-11 |
| 1 | No.of House Building Cooperative Societies in the State | 1504 |
| Working | 1061 |
|
| Defunct | 198 |
|
| Under liquidation | 245 |
|
| 2 | Total membership in these societies | 776972 |
| 3 | Out of which SC/ST members | 114116 |
| 4 | Share Capital (in lakhs) | |
| a) Members | 3323.92 |
|
| b) Government | 08.11 |
|
| 5 | Land acquired (Extent) in (acres) | 25343.15 |
| 6 | Total sites formed by the societies | 290093 |
| 7 | Sites distributed to members | 257068 |
| Out of which SC / ST members | 37209 |
|
THE KARNATAKA STATE COOPERATIVE HOUSING FEDERATION LTD.,
Registration:
The Karnataka State Co-operative Housing Federation Ltd., Bangalore was Registered in the year 1950.
Objectives:
To advance long term loans for the construction of house to its member through the society
-
To advance loans for Addition & Improvement to the existing houses.
-
To finance for the construction of office building of the member society.
-
To give short term credit to member societies for the purchase of lands for the formation of layout and to pay conversion charges, layout charges and for formation of layout.
-
To make individuals as nominal members and to advance loans for construction of houses.
-
To advance loans to individuals for the construction/ purchase of houses/ flats.
-
To sanction medium term loans to the members of the member society for construction of schools/commercial buildings etc.
-
To sanction Bridge loan for the construction of flats with facility to convert Bridge loan to individual loans.
-
Advance loans to for purchase of sites.
Position of the institution as on 31-03-2011
| (Rs in Lakhs) |
Sl No. |
Particulars |
31-03-2011 |
1 |
Membership | 829 |
| a) Rural | 121 |
|
| b) Urban | 708 |
|
2 |
Total share capital (The face value of One Share is Rs. 1,000/-) | 653.89 |
| Societies | 76.87 |
|
3(a) |
Reserve Fund | 322.06 |
3(b) |
Other Funds | 790.66 |
4 |
Borrowings | - |
5 |
Working Capital | 7919.08 |
6 |
Deposits | 313.91 |
7 |
Loans | |
| a) Advanced since inception | 938.48 |
|
| b) Outstanding | 9510.58 |
|
| c) Overdue | 520.00 |
|
| d) Housing loan sanctioned during the year | 1976.02 |
|
| e) Amount released during the year | 1153.55 |
|
8 |
No. of houses sanctioned since inception | 27534 |
9 |
No. of houses completed since inception | 27534 |
10 |
Recovery percentage | 75.5% |
11 |
Net Profit / Loss | 270.61 |
