SAHAKARA SINDHU
Department Of Cooperation, Government of Karnataka

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HOUSING SECTOR

For more details contact :

R.Shridhar, Addl.RCS
(Housing &Others
),
Contact No :080-22261873 ,
Email : addlrcs-im-ka@nic.in

Ramachandra , ARCS (Housing),
Contact No :080-22269636/37 Ext : 220,
Email : arcs-hsg-ka@nic.in

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
2016-17
1 No.of House Building Cooperative Societies in the State
1724
Working
1286
  Defunct
113
  Under liquidation
325
2 Total membership in these societies
9,49,315
3 Out of which SC/ST members
85,740
4 Share Capital (in lakhs)
a) Members

6758.05

b) Government

16.18

5 Land acquired (Extent) in  (acres)

21450.05

6 Total sites formed by the societies
308238
7 Sites distributed to members
2,89,731
Out of which SC / ST members
30110

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.
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