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HUDCO sanctions loan worth Rs 38,600 crore in FY18

04 Apr 2018 Evaluate

Housing and Urban Development Corporation (HUDCO) has achieved the level of Loan Sanctions (provisional) of Rs 38,600 crore and Loan Releases (provisional) of Rs 16,500 crore, as on March 31, 2018 for the financial year 2017-18.

HUDCO finances social housing and residential real estate through primarily lending to State Governments and their agencies, which, in turn, extend the finance to or utilise the finance for the ultimate individual beneficiaries.

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