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
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As on 30.06.2010, HUDCO contributed to the construction of over 145.10 lakh
dwelling units including upgradation of 41.46 units all over the country. Of
this 86.53 lakh houses benefits the rural housing needs and the balance 58.57
lakh the urban housing needs. HUDCO’s has so far sanctioned 14700 projects
(excluding Urban Infrastructure projects) involving a total amount of 33654 Cr.
55% 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 38 years, HUDCO
has reached people in over 1856 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
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URBAN INFRASTRUCTURE FINANCING BY HUDCO
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TYPE OF SCHEMES |
No. |
LOAN AMOUNT (Rs in crore) |
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UTILITY INFRASTRUCTURE |
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Water Supply |
416 |
14938.60 |
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Sewerage, Drains & Solid Waste Management |
104 |
4383.41 |
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Transport/Roads |
222 |
15831.35 |
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Area Development |
114 |
3028.52 |
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SOCIAL INFRASTRUCUTRE |
318 |
4725.85 |
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COMMERCIAL & OTHERS |
396 |
30938.35 |
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TOTAL |
1570 |
73847.08 |
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:
• Gas Victim Housing project at Bhopal (I.I.A’s Award)
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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
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Gujarat Earthquake Rehabilitation Project
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HOUSING AND URBAN
DEVELOPMENT CORPORATION (HUDCO) | |
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Dr.P K Mohanty |
Chairman & Managing Director and Director, HUDCO , Addl. Secy. (JNNURM),
Ministry of Housing & Urban Poverty Alleviation |
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Director, HUDCO and Joint Secy. & Financial Advisor, Ministry of Urban Development & Housing and Urban Poverty Alleviation |
| Shri T Prabakaran |
Director Finance, HUDCO, Ph: 2469 0478, Fax: 24620745, Email: t.prabakaran@hudco.org |
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Shri Harender Verma |
Deputy Chief (F)/Company Secretary
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Detailed website : |
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