Housing & Urban Development Corporation Ltd. is a prominent governmental financial corporation in India, primarily focused on providing long-term finance for construction-related projects. Established... Housing & Urban Development Corporation Ltd. is a prominent governmental financial corporation in India, primarily focused on providing long-term finance for construction-related projects. Established in 1970, its core mission is aligned with supporting housing and urban development needs in the country, thereby playing a critical role in infrastructure growth and urbanization. HUDCO’s impact extends across various sectors, including residential housing for low and middle-income groups, urban infrastructure projects like water supply, sewerage systems, and transportation networks. Additionally, it finances initiatives aimed at slum rehabilitation and the development of satellite towns. This institution not only collaborates with governmental bodies and private sector partners but also influences policy-making and the implementation of housing schemes. By facilitating access to stable financial resources, HUDCO significantly contributes to improving the quality of life in urban and rural areas, underpinning broader economic development and supporting the government's agenda for affordable housing.
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