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11-Oct2018

HUDCO achieves level of loan sanctions of Rs 6895.26 crore by September end

Housing and Urban Development Corporation (HUDCO) has achieved the level of Loan Sanctions of Rs 6895.26 crore and Loan Releases of Rs 3504.17 crore, as on September 30, 2018 for the financial year 2018-19.

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.


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