MoneyWorks4Me

HUDCO sanctions loans worth Rs 6793.21 crore till August

16 Sep 2019 Evaluate

Housing and Urban Development Corporation (HUDCO) has achieved the level of Loan Sanctions of Rs 6793.21 crore and Loan Releases of Rs 5160.94 crore, as on August 31, 2019, for the financial year 2019-20.

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.

Peers