SCHOOL OF ARCHITECTURE & PLANNING

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Richa Industries Limited is a leading manufacturing company operational in Pre-Engineered Building, EPC (Engineering, Procurement & Construction) and Textile sectors. An ISO 9001:2008 certified company; Richa Industries was Established in year 1993 through Textile division under the dynamic leadership of Mr. Sushil Gupta (Chairman) and Dr. Sandeep Gupta (Managing Director). Under their leadership, the organization has grown manifold and later listed at Bombay Stock Exchange.

Richa Industries entered in PEB division in year 2008 and is the first PEB Company to be certified for OHSAS 18001:2007 by IRQS in 2015. Enriched with an experience of over two decades, Today, Richa is one of the fastest growing companies functioning in the northern part of the country. The company has reputed clientele enriched with government as well as private clients. The strict quality control measures, adoption of most modern and state-of-the art technology, innovative concepts and adhering to strict delivery schedules have made Richa today the most trusted name in the industry.

Today Richa Industries has created an exclusive niche for ourselves in the PEB industry with the excellent support of our well qualified and experienced team. Dedicated towards maintaining the highest standards of quality in every project, Richa PEB team is committed to take the brand to newer heights of success. We are committed to Design, Manufacture and Install Pre- Engineered Steel Buildings, which are 100% custom built and designed in accordance with sound principle of Engineering.

Richa Industries Limited has been awarded as "Best Promising Pre-Engineering Steel Building Manufacturer from India" by Indian Achievers Podium in their 10th All India Excellence Award & 6th Realty Award and also received Tekla India BIM 2015 award for the infrastructure category for its Lucknow Metro Depot project.

 

The National Housing Bank (NHB) is a statutory corporation, established in 1988, under an Act of Parliament, viz. the National Housing Bank Act, 1987 (53 of 1987). It is to operate as a principal agency to promote housing finance institutions and to provide financial and other support to such institutions. NHB is wholly owned by the Reserve Bank of India. NHB’s approach towards the development of institutional and market infrastructure has led to the expansion and stabilization of the housing sector. It is committed towards the establishment of a sound and stable housing finance system in the country by way of promoting financial and institutional framework for the housing finance sector. NHB has continuously worked towards the development and promotion of innovative market based solutions, especially for low income housing segments. This would facilitate in meeting the Government of India’s Mission to provide ‘Housing for All by 2022’.

Vision

“Promoting Inclusive Expansion with Stability in the Housing Finance Market.”

Mission

“To harness and promote the market potentials to serve the housing needs of all segments of the population with focus on low and moderate income housing.”

Objectives

NHB is a multifunctional Development Finance Institution (DFI) and performs a range of activities including financing, regulation and supervision, and promotional initiatives. NHB regulates and supervises the activities of housing finance companies in accordance with the provisions of the NHB Act. This includes registration of housing finance companies for conduct of housing finance business, onsite and off-site supervision of housing finance companies, consumer interface and protection & coordination with other regulators. NHB is strongly committed towards creating an appropriate environment for affordable housing and housing finance that can cater to all segments of the population. At the same time, NHB continually seeks to contribute towards the development of sustainable habitat and towards the promotion and preservation of environment through energy efficiency and similar initiatives. In this regard, NHB continues to seek partnership with domestic and international agencies towards the promotion and implementation of such initiatives in the country. NHB has sought to actualize its Vision through its focus on four broad areas of activities viz.

  • Financing
  • Development of Market Infrastructure
  • Expanding the Scope of low and moderate income housing, and
  • Supervision of Housing Finance Companies and the housing finance

NHB’s programmes of financial assistance have focused on inclusive growth through market based solutions and approach. In formulation and delivery of such solutions, NHB’s initiatives and policies have led the market towards greater efficiency and competition and wider choice of products for people in all income segments.

In the backdrop of huge housing shortage among lower income segments, NHB has adopted a multi-pronged approach to tackle this problem. These include institution-building initiatives and measures for creating conducive environment for innovative practices in sync with market oriented approach, and providing cheaper credit to Primary Lending Institutions through refinance.

Key aspects of NHB’s business model for reaching lower income segments are:

  1. As a backstop institution, NHB provides concessional loan assistance to mortgage lenders for better home ownership among lower income households;
  2. Promotes new institutions for catering the needs of low and mid income segments;
  3. Initiatives on risk mitigation through mortgage credit guarantee institutions and funds,
  4. which improve affordability for the borrowers as also encourage the lenders to increase their exposure to these segments;
  5. Capacity building through training programmes, standard as well as customized, for mortgage lending personnel at different levels;
  6. Information dissemination aimed at better market functioning and transparency

Advocacy and coordination roles are a critical function of the Bank.

The initiatives and measures of NHB have resulted in steady and sustained growth of housing finance market in India. Regulation has added stability; financing has provided support to retail lenders for better growth and viability, capacity building has improved skill-sets in the industry. As a result, there is an improved flow of housing credit, bringing about positive change in their quality of life.

Besides raising resources in the domestic market, NHB has also tapped the international market for long term resources through bilateral/multilateral arrangements. The lendings are mainly programme oriented and include low income housing, informal sector lendings, etc. The NHB’s ongoing dialogues and engagements with external institutions under various Government-to-Government programmes have led to long term international funding from various sources to support and help the larger sectoral and social cause.

NHB is served by a committed management and employee base of 103 officers with diversified skills and backgrounds. NHB has a unitary cadre of officers and continues to be a lean organization with extensive IT-enablement across its various functions and activities. Its officers serve across 8 centers in the country and have diverse backgrounds ranging from finance and accounts, law, economics, engineering, management, architecture and planning etc.

Contact Us


GD Goenka School of Architecture & Planning

Sohna Gurgaon Road,
Haryana, India

Parul Singh
Phone no.: 9999360178