Housing and Urban Development Corporation (HUDCO) has signed a Memorandum of Understanding (MoU) with NBCC (India), on September 19, 2025. The non-binding MoU is for development of commercial plot at Kaushambi, Ghaziabad (Uttar Pradesh), institutional plot at Panchkula (Haryana), construction of additional blocks at HUDCO Regional Office, Ahmedabad (Gujarat) and reconstruction of residential flats at Asian Games Village Complex, New Delhi on turnkey basis as Deposit work.
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.
