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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)
CPSU and SPSU is further classified into Strategic Sector and Non-Strategic Sector. Depending on their financial performance and progress, CPSUs are granted the status of Maharatna, Navaratna, and Miniratna (Category I and II). Following India's independence in 1947, the limited pre-existing industries were insufficient for sustainable economic ...
mhupa.gov.in The Ministry of Housing and Urban Poverty Alleviation was a ministry of the Government of India responsible for urban poverty , housing , and employment programs. It involved in national policy decisions and coordinates with Indian central ministries , state governments, and central sponsor programs.
After the construction is completed, the house is transferred and registration is done in the beneficiary's name by the government. The house cannot be sold, but can only be passed as inheritance to the next generation of the family. [8]
Pradhan Mantri Gramin Aawas Yojana (lit. ' Prime Minister's Rural Housing Scheme ') is a social welfare programme under the Ministry of Rural Development, Government of India, to provide housing for the rural poor in India. [1]
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.
Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) is a central online security interest registry of India.It was primarily created to check frauds in lending against equitable mortgages, in which people would take multiple loans on the same asset from different banks.
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