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Sunday, 16 January 2011

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Boon for house-builders



Minister Wimal Weerawansa

The National Housing Development Authority (NHDA) will launch a project for house builders with financial assistance from banks on the initiative of Construction, Engineering services and Housing Minister Wimal Weerawansa.

The house builders could obtain housing loans at minimum interest rates and technical assistance will be provided by the NHDA - said NHDA General Manager L.S. Palansuriya.

A series of discussions were held with banks for the purpose. The People's Bank has already agreed to provide Rs. 1,000 million to house builders under the NHDA, the General Manager said.He said that year 2011 has been declared as "Janasevena" year. People will be encouraged to build their houses.

The NHDA has identified that the country needs one million houses at present, he said. The "Sevana Piyasa" will set up 25 units islandwide to help house builders, condominium owners and tenants, he said.

The first "Sevana Piyasa" was set up at the NHDA headquarters and it will be extended to the Maligawatta NHDA office and other branches, he said.

 

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