The finance and accounts Department is instrumental in raising the required funds for the Authority from Government and other financial institution like banks, HUDCO, KURDFC etc. This department manages the financial resources of the Authority for the effective implementation of the various scheme proposals and infrastructural development projects envisaged in the annual budget of the authority. Rent from various commercial spaces/land, monthly installment of housing loans and enhanced land compensation, monthly installment of various housing schemes, income from sale of plots under various schemes, centage charges, and interest from deposits etc.are the main source of income for the Authority. Finance section is under supervision of an Accounts Officer.
in order to cope with the growing responsibility in the collection of rent of the shops and the other commercial spaces, installment of housing schemes, collection of installment of housing loans etc. two other sections viz. Revenue and Loan were organized under the immediate supervision of the 3 section officers. For speedy disposal of the files relating to various housing scheme a separate cell viz. Revenue closing cell has also been created under the direct supervision of two section officers. The said two sections and the Revenue closing cell are coming under the Finance and Accounts Department and this department is under the charge of Accounts Officer.
