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HUDCO achieves level of loan sanctions of Rs 38648.03 crore in FY18

17 Apr 2018 Evaluate

Housing and Urban Development Corporation (HUDCO) has achieved the level of Loan Sanctions of Rs 38648.03 crore and Loan Releases of Rs 16564.83 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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