Hon'ble Chief Minister
West Bengal Housing Board.... a hope for shelter
Even after the stiff competition in the market, Board by its professional acumen continues to play an important role in housing sector and has been able to achieve affordability among the people of the state.
Even with such commendable achievements but due to quick urbanisation of neighboring areas of the city, West Bengal Housing Board with its limited resources and scanty land stock somehow failed to build up dwelling units compared to the public demand. Accordingly, people who needed immediate shelter as per their suitability, their second choice was to go to private promoters and to purchase flats from them. Sometimes, people were cheated in respect of price, quality and ownership. In order to build up more stock of dwelling units as well as to have a control over the market price compared to private promoters, the idea of formation of Joint Sector Companies were evolved. The Joint Sector Companies have certain advantages in comparison to Board in respect of decision making and quick implementation of thoughts and reaching to the people/customers to materialise their aspiration over and above the Joint Sector Companies formed with WBHB are required to construct 50% of the total no. of units to be constructed by them, for the LIG, MIG people. Hence, no. of dwelling units meant for lower & middle class people would be more at pre-concepted and reasonable price which would indirectly control the price of dwelling units to be constructed by the private promoters in the market.
Presently, West Bengal Housing Board has nine Joint Sector and ten Assisted Sector Companies. Successful promotion of Joint Sector Companies to mitigate the housing problem in the state became an example for other states in India to follow. With this idea, some of the states have already started formation of Joint Sector Companies with private partners.
The PPP model in the housing sector has become a role model in respect of formation of Joint Sector Companies with an intension to boost housing activities with vibrant managerial efficiency of private sectors and overall supervision by the Govt./ Board.
It is worthy to note that after formation of this organisation, except in very early period of 2/3 years, Board has been able to manage its huge establishment expenditure and kept some amount as surplus even after charging fare and affordable price to the allottees. The effort is on and we are fortunate that West Bengal Housing Board has not stood as a problem to the State Govt. for the financial support to run the organisation.
In fine, the Board is akin to keep its commitment in going further to upheld the aims and objectives of the Government to the interest of common people of the State.