Almost 50 years since the inception of HUDCO in 1970 the Housing Finance Companies have been playing the key role in providing financial assistance to home buyers, real estate developers for fulfilling their housing needs. For the past 6 years housing finance institutions are facing lot of distress due to fundamental and economic issues pertaining to the Housing sector which has led to a rising mismatch between the supply and the demand in housing segment. Supply push factors are not lowering housing prices thus making home ownership remain elusive for the masses which has become an impediment in achieving housing for all. Indian Economy which is relying under major stress due to various structural and cyclical issues since 2014 due to implementation of Insolvency and Bankruptcy Code, Implementation of Goods and Service Tax, Real Estate Regulation Act, Demonetisation and due to issues such as Twin Balance Sheet Problems, Rising NPA and macro-economic issues such as Geo-political tensions, US-China Trade tensions which has led to the fall in Foreign direct Investment, Real and Nominal Gross Domestic Product, Gross fixed capital Formation,Gross Private domestic investment, Rising Inflation etc., with some issues having direct impact on the Housing Finance sector, while some indirectly led to the slowdown in the sector which in turn had led to fall in the Growth of Construction industry, Cement Industry, Steel and Aluminium Industry which resulted in increased unemployment. The stress in the housing finance institution escalated after the IL & FS crises which led banks become reluctant in lending to the NBFC sector which led further malaise on HFIs which recently led the HFI [Dewan Housing Finance Institution] being moved to IBC and more importantly the impact of Covid-19 pandemic, unprecedented lockdowns to contain the impact of Covid 19, transfer of regulation of HFCs from NHB to RBI and supply chain disruptions. In this Backdrop, at the time when people perception towards housing is changing; from no longer being possessive about the concept of home ownership with sizes of homes decreasing drastically and micro homes. In order to overcome these challenges radical innovation in housing is required thus in the backdrop of gloomy economic scenario where all the important levers of growth namely private investments, private consumptions and exports were spluttering and GDP of the country falling to a new low due to various structural and cyclical issue facing the economy, the authors have tried to understand the growth trajectory of housing finance companies between F.Y. 2011-12 to F.Y. 2020-21 and to forecast the growth trends for the year F.Y. 2029-2030, using compound annual growth rate and trend analysis as a preliminary step to the policy decisions