Development of Middle Income Housing & Infrastructure

Multi-storey housing construction project for middle income public and private sector employees is implemented through the National Housing Development Authority under the State Ministry of Rural Housing and Construction and Building Materials Industries Promotion centering major cities, expressway entrances, suburbs near main roads and railway stations. Under this project, it is expected to provide a fully facilitated flat with subsidized loan facilities especially to middle income earners working in the public and private sectors.

Lands are provided by the government for this purpose and the infrastructure facilities up to the housing project are provided by the Line Ministry and the institutions that provide those services. Designing, construction and sale of the houses of this housing programme is the role of the investor who invests finances in the housing project and it is supervised by the State Ministry of Rural Housing and Construction and Building Materials Industries Promotion together with National Housing Development Authority. From every housing project which construction has commenced, 80% of the number of housing units to be constructed will be allocated to middle income earners, and the houses in the housing projects that have already been constructed have been provided to the beneficiaries at a cost of Rs. 05 million. The investor is allowed to sell the remaining 20% housing units on the market demand. 

Construction of 4 housing projects has already been commenced under this programme and 2 of them have been vested with the public.