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The Housing and Urban Development Corporation Limited, abbreviated as HUDCO, is an Indian public sector undertaking engaged in housing finance and infrastructure project finance. The Govt Grants Navratna Status to PSU on 18-April-2024.
Directorate of Town and Country Planning (DTCP) operates under the department and consists of the following undertakings and bodies: [2] Chennai Metropolitan Development Authority (CMDA)
Misplaced priorities of the Indian Government and bad planning of subsidy programs is largely responsible for this. [citation needed] Hosting the Commonwealth Games in New Delhi in 2010 that cost the exchequer an approximate ₹ 110 billion (US$1.3 billion), excluding the price of non-sports related infrastructure, is a case in point. [8]
The PM Awas Yojana Gramin New Application 2024 has introduced significant changes to enhance accessibility and efficiency in the housing scheme. Key updates include expanded eligibility criteria, allowing families with assets like bikes or fridges to qualify, and an increased income limit for beneficiaries from ₹10,00,000 to ₹15,00,000 per ...
The company provides housing finance to individuals and corporations for purchase/construction of residential houses. [13] [17] The type of loans offered by company include loans for purchase and construction of a residential units, purchase of land, home improvement loans, home extension loans, non-residential premise loans for professionals and loan against property and repayment options ...
Provide company details: The application requires essential information about your organization, including your official business name, physical location, workforce size, legal structure, and ...
It is under the jurisdiction of Ministry of Finance, Government of India. [2] [3] It was set up on 9 July 1988 under the National Housing Bank Act, 1987. NHB states it has been established with an objective to operate as a principal agency to promote housing finance institutions both at local and regional levels and to provide financial and ...
The Cabinet has given approval to take loan of ₹ 2000 crore from Housing and Urban Development Corporation (HUDCO) and the rest amount of ₹ 1,160 crore is to be raised through the State resources. HUDCO has agreed to provide the loan at a floating interest rate of 10.75%, to be returned in 16 years after completion of the project.