HUDCO sign MoU with Nagpur Metropolitan Region Development Authority to provide funds
The non-binding MoU has been entered to establish a robust collaborative working partnership between HUDCO and NMRDA wherein HUDCO shall explore and provide funds up to Rs. 11,300 Crore over a period of five years for land acquisition, housing, and development of infrastructure projects in the Nagpur Metropolitan Region.
New Delhi, 8 September 2025: State-run Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with Nagpur Metropolitan Region Development Authority (NMRDA), Maharashtra, on 8th September, 2025, at Mumbai.
The non-binding MoU has been entered to establish a robust collaborative working partnership between HUDCO and NMRDA wherein HUDCO shall explore and provide funds up to Rs. 11,300 Crore over a period of five years for land acquisition, housing, and development of infrastructure projects in the Nagpur Metropolitan Region.
Further, HUDCO will also extend consultancy services and capacity-building activities to meet the emerging requirements of NMRDA. The MoU was signed in the presence of Shri Devendra Fadnavis, Hon’ble Chief Minister, Maharashtra; Shri Eknath Shinde, Hon’ble Deputy Chief Minister, Maharashtra; Shri Sanjay Kulshrestha, Chairman & Managing Director, HUDCO; and other dignitaries.
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