HDB (housing & development board) is a nonbanking Financial company whose financial services are under govern by HDFC Bank that caters to the growing needs of an aspirational India, serving both individual and business clients.
FUNCTION OF THE HOUSING & DEVELOPMENT BOARD
In order to encourage younger people to continue living in older public housing estates, the HDB generates large-scale upgrading schemes for estates, by adding new facilities to the estate and by creating a redevelopment scheme, which includes a variety of designs and textures with the further comfortability of the hostings.
the HDB’s presence gives the growth of engagements of residents in its provision of public housing and all these efforts include public consultation schemes ad the neighborhood renewal program, its further distinction is to provide more and more extensive resident participation made in the following years.
FUTURE PROJECTIONS OF THE HOUSING DEVELOPMENT BOARD
In developing nations the function of the HDB ( housing development board) is to install the latest system and improve the specialization that creates an environment of growth culture among youngsters, for example in 2014 the HDB began installing solar panels on public housing blocks and in its properties in the 2010s. In 2014, together with the economic development board, it initiated the solar nova program to handle solar panel installation on government properties and buildings.