HUDCO 1,50,000 Crore MoU with Maharashtra

 

  • HUDCO 1,50,000 Crore MoU with Maharashtra
  • Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with Mumbai Metropolitan Region Development Authority (MMRDA), Maharashtra, on 8th April, 2025 at Mumbai. 
  • The MoU has been entered to establish a framework for cooperation between HUDCO and MMRDA wherein HUDCO shall explore and provide funds up to Rs.1,50,000 Crore over a period of five years for development of infrastructure projects to be implemented by MMRDA in Mumbai Metropolitan Region.
  •  Further, HUDCO will also extend Consultancy services and Capacity Building activities to meet the emerging requirements of MMRDA. 
  • The MoU was signed in presence of Shri Devendra Fadnavis, Hon’ble Chief Minister, Maharashtra, Shri Eknath Shinde, Hon’ble Deputy Chief Minister, Maharashtra, Shri Sanjay Kulshrestha, Chairman & Managing Director, HUDCO and other dignitaries.   

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