HUDCO Commits ₹1 Trillion for Chhattisgarh Projects Through Landmark MoU

Housing and Urban Development Corporation Ltd (HUDCO) has announced a major funding commitment to the state of Chhattisgarh, pledging up to ₹1 trillion for infrastructure and housing projects. The announcement follows the signing of a Memorandum of Understanding (MoU) with the Government of Chhattisgarh, aimed at boosting urban development and improving living standards across the state.

The collaboration will focus on financing large-scale projects in housing, transport, and civic infrastructure, aligning with the state’s vision for sustainable growth. HUDCO’s financial support is expected to catalyze investments, create jobs, and strengthen the state’s economic resilience.
Officials highlighted that the MoU reflects HUDCO’s continued commitment to supporting state governments in achieving inclusive development goals, while ensuring long-term financial sustainability.

Key Highlights

• Funding commitment: Up to ₹1 trillion for Chhattisgarh projects.
• MoU signed: Between HUDCO and Government of Chhattisgarh.
• Focus areas: Housing, transport, and urban infrastructure.
• Strategic impact: Boosts sustainable growth and job creation.
• Institutional role: Reinforces HUDCO’s position as a key development finance partner.

Sources: HUDCO Corporate Filings, Business Standard, Moneycontrol