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Housing & Urban Development Corporation Limited (HUDCO)
What HUDCO does

Housing & Urban Development Corporation Limited

What company does?Provides long-term finance for construction of houses and urban infrastructure facilities.
Established1970
Entity typeGovernment
HeadquartersIndia
SegmentB2B, B2C
Housing & Urban Development Corporation Limited is a share market listed company in the Financial Services industry . It got listed on NSE on 19-MAY-2017 under the trading symbol HUDCO. On BSE it is listed under trading symbol HUDCO. The company operates in Real Estate , Urban Development and Housing Finance categories.

Company overview

is a government-owned corporation in India. Established in 1970, HUDCO primarily functions as a techno-financial institution providing loans for housing and urban infrastructure projects. The company's core objective is to support sustainable urban development by financing initiatives that improve living conditions and provide affordable housing options.

HUDCO offers a range of financial products and services including project funding, consultancy, research, technical assistance, and capacity building. Its loan offerings cater to various sectors such as social housing, water supply, sanitation, roads and transport, power systems improvement, area development schemes etc.

In terms of technology innovation, HUDCO has been leveraging digital platforms to streamline its operations related to loan processing and disbursement. This includes the use of advanced software solutions for risk assessment and decision-making processes.

One factor that sets HUDCO apart from its competitors is its focus on socially responsible lending practices. The organization places emphasis on funding projects that benefit economically weaker sections of society while also prioritizing environmental sustainability. In addition to this unique positioning within the market, HUDCO has collaborated with numerous entities including state governments and international organizations to further their mission of inclusive urban development. These partnerships have enabled the company to expand its reach and impact across different regions while also gaining valuable insights into evolving industry trends. Overall, stands out through its commitment towards promoting equitable access to housing facilities along with sustainable urban infrastructural growth.
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