Housing and Urban Development Corporation Ltd. (HUDCO)

The Housing and Urban Development Corporation Ltd.(HUDCO) was set up in 1970 as a fully owned Government company to finance and undertake.

Resource Base

Starting with an equity base of Rs.2 Crores, the present paid up capital of HUDCO is Rs 2001.90 crores and in addition is reserve and surpluses of Rs.1672.34 crore (as on 31.12.2006) unaudited.

Housing

Housing

As on 31.01.2007, HUDCO contributed to the construction of over 141.44 lakh dwelling units including upgradation of 41.29 units all over the country. Of this 86.21 lakh houses benefits the rural housing needs and the balance 55.23 lakh the urban housing needs. HUDCO’s has so far sanctioned 14379 projects (excluding Urban Infrastructure projects) involving a total amount of 27616 Cr.

 

55% of housing loan of HUDCO has been allocated for Economically Weaker Section (EWS) and Low Income Group (LIG) which carries a concessional rate of interest of 8.5%(floating) to 9.75%(floating), over 95% of the dwelling units sanctioned by HUDCO benefit these sections of society.

 

In the last 36 years, HUDCO has reached people in over 1799 towns and hundreds of villages. Much of the assistance is project oriented, ensuring that the housing in affordable, technically sound, financially viable, legally acceptable and above all environmentally appropriate.

 

HUDCO plays a major role in implementation of National Housing Policy. It has been entrusted with the implementation of the priority programmes of the Ministry like Low Cost Sanitation, Night Shelter for Footpath Dwellers, Shelter Upgradation under Nehru Rozgar Yojana, Rural housing under Minimum Needs Programme.

 

Urban Infrastructure

Design and Consultancy

HUDCO gives specialized attention to the critical segments of infrastructure development in cities and towns. Priority is given to water supply, sewerage and drainage schemes especially in small and medium towns. HUDCO has so far sanctioned 1280 urban infrastructure schemes involving a total amount of Rs. 42706 crores (as on 31.01.2007).

URBAN INFRASTRUCTURE FINANCING BY HUDCO

TYPE OF SCHEMES

No.

LOAN AMOUNT

(Rs in crore)

UTILITY INFRASTRUCTURE

 

 

Water Supply

403

11867

Sewerage, Drains & Solid Waste Management

100

1870

Transport/Roads

192

11221

Area Development

108

2190

SOCIAL INFRASTRUCUTRE

236

3441

COMMERCIAL & OTHERS

241

12117

TOTAL

1280

42706

Building Technology

HUDCO has sanctioned 665 building centres all over the country to introduce alternative and cost effective building technology to people. Premier research and development institutes in the country need these building centres with innovative options, which are cost saving, durable, functional and aesthetic.

Financial assistance is extended to the building materials industry to encourage innovative and alternative methods employing agricultural and industrial waste.

Design And Consultancy

Hudco is offering technical consultancy in the areas of Architecture, Urban Planning, Urban Design, Landscape Planning including Heritage Planning, Management & Conservation. HUDCO is actively involved with various Ministries in the development of Rich Cultural Heritage and provision of regional infrastructure for overall growth and development. HUDCO has also done considerable work on weaker section housing as well as cost effective housing and has achieved wide acclaim with regard to planning, design and delivery of mass housing. Some of the prestigious and projects include:

HOUSING AND URBAN DEVELOPMENT CORPORATION (HUDCO)
HUDCO Block, India Habitat Centre, Lodhi Road, New Delhi-110003.

Shri K.L. Dhingra

Chairman & Managing Director, HUDCO, Ph: 24693022, 
Fax: 24697378, 
Email:cmd@hudco.org

Shri Raghubir Singh

Part-time Official Director, HUDCO, Additional Secy & Financial Advisor, Ministry of Housing & Urban Poverty Alleviation, New Delhi, Ph: 23062792

Shri Raj Pal Singh Solanki

Part-time Official Director, HUDCO, Ph: 25712813, 30966756, Fax: 25781744

Shri T Prabakaran

Director Finance, HUDCO, Ph: 2469 0478, Fax: 2462 0745 Email:t.prabakaran@hudco.org

Shri S K Tripathi
Director Corporate Planning, HUDCO, Ph: 2462 8894,  Fax: 24616732, Email: dcp@hudco.org

Shri  T K Sanyal

Chief Vigilance Officer, Ph: 24624447, Email:cvo@hudco.org

Shri R K Khanna

Executive Director (IA)  Ph: 24627321 Email:rkkhanna@hudco.org

Shri S C Sharma

Executive Director, Kolkata, Email:scsharma@hudco.org

Shri A K Kaushik

Executive Director Finance (Loan Accounts)  Ph: 26109252, Email:akaushik@hudco.org

Smt Manorama Dutta

Executive Director (Operations) Ph: 24647792, Email:mdutta@hudco.org

Shri K Subramanian

Executive Director (Consultancy) / Executive Director (Works) for Southern Region 

Shri G R Pahilajani

Executive Director (Chennai Regional Office)

Shri P S Khurana

Executive Director, Ahmedabad Regional Office,                          Email: aro@hudco.org

Shri D Subrahmanyam

Executive Director - Training (HSMI) Email:edhsmi@vsnl.net

Shri Malay Chatterjee

Executive Director - Works & Disposal Wing
Email:malaychat@hotmail.com

Dr. P Jayapal

Executive Director - Projects

Shri S K Chaudhary

Executive Director – Special Projects, Ph: 24648023                     Email: edsp@hudco.org & skchau13@hotmail.com

Shri Savin Bhatia

Executive Director – Business Development,                               Email: savinbhatia@hudco.org

Shri M K Gupta

Company Secretary, Ph: 2461 5534 Email:mkgupta@hudco.org

Shri S S Gaur

Chief (Law), Central Public Information Officer,                           Nodal Officer (Public Grievances)                                                      Ph: 24651880 Email:ssgaur@hudco.org

Shri Rajinder Raina

Public Relations Manager, Email: raina52@hudco.org

 

Detailed website :
http://www.hudco.org