Moreover, experience indicates that Ministries lack the incentive to divest, and even when they do, lack the expertise to see through the process. While budgetary compulsion appear to give a push to disinvestments, in the process, several distortions may take place such as selling shares with assurances of monopoly, selling minority share-holding, intra-public sector transactions giving an erroneous impression of disinvestments, etc.
Keeping in view the demand-supply gap, our favourable demography, increasing urbanisation and growth prospects, the demand for housing finance will continue to grow. At the same time risks also arise to household and bank balance sheets with fluctuation in prices and changes in the business cycle. Hence, there is a need for developing a data base on housing finance.