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Housing and Urban Development Corporation (HUDCO) has signed a non-binding Memorandum of Understanding (MoU) with RITES, a Navratna CPSE.

The MoU is a collaboration to undertake comprehensive range of Consultancy/ Fee-based projects/ services from concept to commissioning in identified sectors wherein HUDCO shall extend its Project Management Consultancy Services for projects being implemented by RITES and shall also provide term-lending for various specified infrastructure projects, where consultancy services are undertaken by RITES. Further, RITES shall provide consultancy expertise, whenever required by HUDCO, in the projects being financed by HUDCO and/or where consultancy support being provided by HUDCO. 

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.


Housing & Urban Dev. Share Price

197.00 3.35 (1.73%)
17-Apr-2026 16:59 View Price Chart
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