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The agreement is effective from the date of signing and will remain valid until the end of FY2030, with a provision for extension. It is an in-principle arrangement, with funding for individual projects subject to HUDCO’s due diligence and mutually agreed terms and conditions.
Housing & Urban Development Corporation (HUDCO) is primarily engaged in the business of financing housing and urban development activities in the country.
The company had recorded a 3.08% rise in consolidated net profit to Rs 709.83 crore on a 27.85% increase in revenue to Rs 3,219.03 crore in Q2 FY26 as compared with Q2 FY25.
Shares of Housing & Urban Development Corporation shed 0.66% to Rs 225.30 on the BSE.
Housing and Urban Development Corporation (HUDCO) has signed a Memorandum of Understanding (MoU) with Government of Chhattisgarh, on 7 January 2026 at Nava Raipur, Chhattisgarh.
As per this non-binding MoU, HUDCO may provide financial assistance of up to Rs.1,00,000 crore during next five years for execution of different housing and infrastructure projects in the State of Chhattisgarh.
Loan disbursements for nine-months period ended 31st December 2025 amounted to Rs 41,346.70 crore, up 30% YoY.
For Q3 FY 2025-26, loan sanctions and loan disbursements were Rs 46,167.32 crore and Rs 15,508.25 crore, respectively.
The company had recorded 3.08% rise in consolidated net profit to Rs 709.83 crore on a 27.85% increase in revenue to Rs 3,219.03 crore in Q2 FY26 as compared with Q2 FY25.
The scrip rose 0.07% to currently trade at Rs 228.35 on the BSE.