HUDCO to Invest Rs 14,500 Cr in Gujarat Housing & Urban Projects
By Rediff Money Desk, NEWDELHI Dec 27, 2023 17:24
HUDCO has signed an MoU with the Gujarat government to invest up to Rs 14,500 crore for financing housing and urban infrastructure projects in the state.
New Delhi, Dec 27 (PTI) State-owned HUDCO on Wednesday said it has entered into a pact with the Gujarat government to invest up to Rs 14,500 crore for financing of housing and urban infrastructure projects.
The state government intends for overall development of Gujarat by implementing various housing and infrastructure projects, according to a regulatory filing.
Housing & Urban Development Corporation Ltd (HUDCO) has "executed a memorandum of understanding with the State Government of Gujarat for an investment up to Rs 14,500 crore for financing the housing and urban infrastructure projects in the state of Gujarat," the filing said.
Being a techno-financial institution, HUDCO is in the business of providing financial assistance for housing and urban development projects in the country.
The state government intends for overall development of Gujarat by implementing various housing and infrastructure projects, according to a regulatory filing.
Housing & Urban Development Corporation Ltd (HUDCO) has "executed a memorandum of understanding with the State Government of Gujarat for an investment up to Rs 14,500 crore for financing the housing and urban infrastructure projects in the state of Gujarat," the filing said.
Being a techno-financial institution, HUDCO is in the business of providing financial assistance for housing and urban development projects in the country.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 17.90 ( -3.35)
- 166585989
- Alstone Textiles
- 0.75 (+ 8.70)
- 47681821
- GTL Infrastructure
- 3.27 (+ 4.81)
- 44040612
- Visagar Financial
- 0.91 (+ 12.35)
- 29755394
- YES Bank Ltd.
- 23.70 (+ 0.77)
- 22163699
MORE NEWS
Indian Economy Growth: Exports, Manufacturing &...
Mumbai, June 30 (PTI) Healthy increase in the country's exports, improvement in the...
India Launches Anti-Dumping Probe on Glass...
New Delhi, June 30 (PTI) India has initiated an anti-dumping probe into the import of...
IBBI Launches Electronic Forms for Liquidation...
New Delhi, Jun 30 (PTI) To ease the compliance burden for insolvency professionals, and...