Housing and Urban Development Corporation (HUDCO) has received approval for raising of Bonds as Unsecured, Taxable, Redeemable, Non-Convertible, Non-Cumulative NCDs of face value of Rs 1,00,000 each (Series -F 2024) aggregating upto Rs 2,842.50 crore on Private Placement basis. The ‘Bond Allotment Committee’ in their meeting held on March 12, 2025, has approved the same.
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.
