New Delhi: To commemorate 54 years of dedicated service to the nation, the Housing & Urban Development Corporation Ltd. (HUDCO) organized its Foundation Day on 25th April 2024 at India Habitat Centre, New Delhi.

New Delhi: HUDCO, a non-banking financial company, has received board approval for fundraising up to Rs 40,000 crore. The company is also set to increase its borrowing limit to Rs 1.50 lakh crore. On March 20th, HUDCO's share price stood at Rs 175.70 apiece, down by 0.9%, with a market cap of Rs 35,173.38 crore. In a board meeting held on March 20th, HUDCO's directors approved an interim dividend for the financial year 2023-24. The dividend amounts to 15% per share, aggregating to Rs

The HUDCO family once again came together with a spirited mind to celebrate Women’s Day 2024 across its offices on 7th March 2024.  A large gathering of women employees posted at the corporate office were present on this special occasion which was structured to communicate the ideas and values of the core theme of 2024. To create a lasting impact on the minds of the participants and to drive home the benefits of living in a barrier free world where there is gender equality free of

New Delhi: Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with Maharashtra State Electricity Distribution Company Limited (Mahavitaran), on 7" March 2024 at Mumbai, for providing credit of up to INR 5000 Crore for the largest feeder level solarization scheme in India under PM-KUSUM Scheme.   

New Delhi: In a significant stride towards bolstering infrastructure development and urban rejuvenation, NBCC (India) Limited, a Navratna CPSE, has entered into a strategic partnership with the Housing and Urban Development Corporation Limited (HUDCO). 3 MoUs were signed between the two entities marking a pivotal moment in advancing collaborative efforts in various domains crucial to societal welfare and economic growth. The MoUs were formalized in the presence of Shri K. P. Mahadevaswamy, CM

New Delhi: NBCC (India) Limited (NBCC) and Housing and Urban Development Corporation Limited (HUDCO) has entered into the Memorandum of Understandings on February 21, 2024 as follow: 1. Reinforcing cooperation and collaboration to leverage respective strength for the effective implementation of consultancy services 2. Reinforcing cooperation and collaboration to leverage respective strength for the effective implementatiaon of Asset Monetization Activities

New Delhi: Housing and Urban Development Corporation Limited (HUDCO) Board of Directors in its Board meeting held today at Mumbai approved the limited reviewed Financial Results for the third quarter ending December 2023 (fiscal year 2023-24). The company reported a remarkable 33.33% increase in the Profit After Tax (PAT) Year over Year (YoY) and 14.94 % increase Quarter on Quarter (QoQ). The revenue from operations recorded a growth of 10.04 % YoY and a 7.93 % increase QoQ.  This outsta

The share price upliftment was soon witnessed after the huge announcement of 2 crore new affordable houses to be constructed, leading to an end it 20% percent higher on Thursday. The government-backed financial company has good exposure in affordable housing finance and this would act as a boon for long-term investors. In the Interim Budget 2024-25, the government is willing to launch a scheme to help deserving sections of the middle class living in rented houses, slums, or chawls, and unauth

New Delhi: The Department of Official Language, Ministry of Home Affairs, Government of India, has delegated the task of promoting Hindi in 53 existing Public Sector Undertakings in Delhi to the Housing and Urban Development Corporation (HUDCO) through the Town Official Language Implementation Committee (TOLIC), Delhi (PSU)-2. In line with this mandate, HUDCO efficiently coordinated the biannual meeting of TOLIC in New Delhi. Shri Sanjay Kulshrestha, President of TOLIC and Chairman and Managi

New Delhi: Shri Sanjay Kulshrestha, Chairman & Managing Director, HUDCO has executed the Memorandum of Understanding with the State Government of Gujarat in the presence of Hon’ble Chief Minister Shri Bhupendrabhai Patel for an investment up to Rs.14,500 crores for financing the Housing and Urban Infrastructure projects in the State of Gujarat.   The Government of Gujarat intends for overall development of the State by implementing various housing and infrastructure projects. Th