Housing & Urban Development

The Housing & Urban Development Corporation Ltd. (HUDCO) is a prominent techno-financing public sector enterprise established in 1970, dedicated to housing and infrastructure development within India. Operating under the Ministry of Housing & Urban Poverty Alleviation (MoHUPA), HUDCO's core mission is "Profitability with Social Justice," positioning it as a vital partner in national asset creation. The organization places significant emphasis on addressing the housing needs of Economically Weaker Sections (EWS) and Lower Income Groups (LIG), demonstrating a commitment to inclusive development. HUDCO's authorized capital stands at Rs.2500 Crore, with a substantial paid-up equity contributing to its financial foundation. Its operations are guided by a strategic blend of financial viability and social responsibility, ensuring sustainable growth and community impact.

With a workforce ranging from 500 - 1,000 employees, HUDCO manages its extensive operations across 2 locations, contributing to its broad reach in urban development projects. The company's product portfolio includes services and solutions related to public sector urban development and housing initiatives, catering to diverse project requirements. This operational scale and focus on specialized services underscore its role as a key player in the sector. For insights into the individuals driving these initiatives, consider to Meet Housing & Urban Development's team to learn more about their leadership and expertise.

Financially, HUDCO reported a revenue of $909.2M. The company has also secured debt financing, notably $194.6M in September 2016, to support its ongoing projects and expansion. Operating within the Brokerage and Finance industries, HUDCO leverages its financial acumen and technical capabilities to deliver impactfulView more...