Housing and Urban Development Corporation Ltd. (HUDCO)

The Housing and Urban Development Corporation Ltd.(HUDCO) was set up in 1970 as a fully owned Government company to finance and undertake.

Resource Base

Starting with an equity base of Rs.2 Crores, the present paid up capital of HUDCO is Rs.2001.90 crores.

Housing

Housing

As on 31.03.2013, HUDCO contributed to the construction of over 154.74 lakh dwelling units including upgradation of 41.66 units all over the country. Of this 92.25 lakh houses benefits the rural housing needs and the balance 62.49 lakh the urban housing needs. HUDCO’s has so far sanctioned 14826 projects (excluding Urban Infrastructure projects) involving a total amount of 45659 Cr.

38% of housing loan of HUDCO has been allocated for Economically Weaker Section (EWS) and Low Income Group (LIG) which carries a concessional rate of interest of 8.5%(floating) to 9.75%(floating), over 92% of the dwelling units sanctioned by HUDCO benefit these sections of society.

In the last 43 years, HUDCO has reached people in over 1863 towns and hundreds of villages. Much of the assistance is project oriented, ensuring that the housing in affordable, technically sound, financially viable, legally acceptable and above all environmentally appropriate.

HUDCO plays a major role in implementation of National Housing Policy. It has been entrusted with the implementation of the priority programmes of the Ministry like Low Cost Sanitation, Night Shelter for Footpath Dwellers, Shelter Upgradation under Nehru Rozgar Yojana, Rural housing under Minimum Needs Programme.
 

 

Urban Infrastructure

Design and Consultancy

HUDCO gives specialized attention to the critical segments of infrastructure development in cities and towns. Priority is given to water supply, sewerage and drainage schemes especially in small and medium towns. HUDCO has so far sanctioned 1711 Urban infrastructure schemes involving a total amount of Rs. 98706.52 crores (as on 31.03.2013).

URBAN INFRASTRUCTURE FINANCING BY HUDCO

TYPE OF SCHEMES

No.

LOAN AMOUNT

(Rs in crore)

UTILITY INFRASTRUCTURE

 

 

Water Supply

446

19897.66

Sewerage, Drains & Solid Waste Management

118

8382.57

Transport/Roads

249

20863.01

Area Development

114

2917.82

SOCIAL INFRASTRUCUTRE

355

7156.70

COMMERCIAL & OTHERS

429

39488.77

TOTAL

1711

98706.53

Building Technology

HUDCO has sanctioned 655 (577 urban & 78 rural) building centres all over the country to introduce alternative and cost effective building technology to people. Premier research and development institutes in the country need these building centres with innovative options, which are cost saving, durable, functional and aesthetic.
Financial assistance is extended to the building materials industry to encourage innovative and alternative methods employing agricultural and industrial waste.

Design And Consultancy

HUDCO’s is offering technical consultancy in the areas of Architecture, Urban Planning, Urban Design, Landscape Planning including Heritage Planning, Management & Conservation. HUDCO is actively involved with various Ministries in the development of Rich Cultural Heritage and provision of regional infrastructure for overall growth and development. HUDCO has also done considerable work on weaker section housing as well as cost effective housing and has achieved wide acclaim with regard to planning, design and delivery of mass housing. Some of the prestigious and projects include:


• Leh Rehabilitation Project for Victims of Cloud Burst as CSR Initiative.
• Gas Victim Housing project at Bhopal (I.I.A’s Award)
• New Town development at Pimpri-Chinchwad (I.I.A’s Award)
• New Jammu Township (PM’s National Award)
• Latur Earthquake Rehabilitation Project (World Habitat Award)
• Rehabilitation project for Basket Weavers at Coimbatore (UNCHS’s Best Practices Award)
• National Games Village
• Earthquake rehabilitation in the Hill Districts of Uttar Pradesh.
• HUDCO's Assistance for Earthquake rehabilitation in Jabalpur.
• HUDCO's Assistance for Rehabilitation of the Super-cyclone affected in Orissa.
• Rehabilitation of Earthquake Affected Regions of Gujarat.
 

Board of Directors

Chairman & Managing Director

Shri V P Baligar,IAS

HUDCO Bhawan, India Habitat Centre, Lodhi Road, New Delhi- 110   003
Ph: +91 8800444877,011-24693022
Fax: 011-2469 7378
Email:cmd[at]hudco[dot]org

Director(Corporate Planning)

Shir N L Manjoka

HUDCO Bhawan, India Habitat Centre, Lodhi Road, New Delhi- 110   003
Ph: 011-24690478,+91 9818425757
Email:dcp[at]hudco[dot]org

Director(Finance)

Shir A K Kaushik

HUDCO Bhawan, India Habitat Centre, Lodhi Road, New Delhi- 110   003
Email:akaushik[at]hudco[dot]org

Govt.Nominee Directors

Shir Karanbir Singh sidhu

Joint secy.(Housing),Ministry of Housing and Urban Poverty Alleviation,Nirman Bhawan, New Delhi- 110001
Ph: 011-23061665

Shir Naresh Salecha

Joint secy.& Financial Advisor,Ministry of Housing and Urban Poverty Alleviation,Nirman Bhawan,
New Delhi- 110001
Ph: 011-23061665,Fax:011-23062899

Independent Directors

Shir Nasser Munjee

Benedict Villa House No.471 Saudevado,Chorao Island,Tiswadi,
Goa-403102
301,Delta Plaza,414,Veer Savakar Magr,Prabhadevi,Mumbai-400025 Ph:9821332597

Prof.Dinesh B Mehta

501 A,Shantanu Apartments,Azad Society,Ambawadi
Ahmedabad-380 015

Shir Virender Ganda

C-20,South Ext.Part-II,
New Delhi-110 049
Ph:011-41882031

Prof Sukhadeo Thorat

House No.23,Dakshina Puram Campus
Jawahar Lal Nehru University
New Delhi-110 067

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