Housing and Urban Development Corporation Ltd. (A Government of India Enterprise) HUDCO

Address: HUDCO House, Lodhi Road, New Delhi - 110003 India


Area of Activities: India

Type: Government Enterprise

Founded: 25 April 1970

Main Goals - General activities - field of expertise

HUDCO is a wholly-owned Government company with more than 46 years of experience in providing loans for housing and urban infrastructure projects in India. As at September 30, 2016, the total sanctioned loans since inception was Rs. 1,570,870.0 million, Rs. 612,305.4 million of which, or 38.97%, were Housing Finance (as defined below) loans and Rs. 958,573.2 million of which, or 61.02%, were Urban Infrastructure Finance (as defined below) loans. As at September 30, 2016, the total outstanding Loan Portfolio was Rs. 361,119.3 million, Rs. 112,951.1 million of which, or 31.28%, were Housing Finance loans and Rs. 248,168.2 million of which, or 68.72%, were Urban Infrastructure Finance loans and project-linked bonds. HUDCO classifies their housing finance loans into social housing, residential real estate and retail finance, which is branded as HUDCO Niwas (collectively, “Housing Finance”). Their borrowers under Urban Infrastructure Finance are primarily State Governments and their agencies.

Activity related to low GHG and energy consumption and resilient buildings

Energy/climate/buildings-related activities: HUDCO is a techno-legal-financial organisation working in the area of housing and infrastructure development since 1970. HUDCO has supported 17 million houses over a period of 47 years and over 2008 major infrastructure projects all over the country. HUDCO is now looking to work more on green construction technologies and air quality management.