Improved rural incomes, higher rural credit and increased allocation for the rural, agricultural and allied sectors are likely to boost rural demand, including the requirement for rural housing.
Tag: HUDCO
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We have sanctioned projects worth Rs.30,000 crore
It's an IPO season. After IRBs' InvIT, state-owned Housing and Urban Development Corporation Ltd (HUDCO) will raise Rs 1,200 crore from the markets. Dr M Ravi Kanth, Chairman and Managing Director, divulges the company's future strategy in an INFRASTRUCTURE TODAY exclusive.
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Timely Fixes
Historically, infrastructure projects in India have been funded on a mix of debt and equity. The current trends suggest so. Over the past 15 days, as many as three initial public offerings-IRB, HUDCO and PSP Projects - have hit Dalal Street, raising more than Rs 6,000 crore, a testimony to the fact that the bond market is gaining pace after the 2008 turmoil.
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HUDCO plans to raise Rs 1,200 crore via IPO
The Housing and Urban Development Corporation (HUDCO) plans to garner Rs 1,200 crore via an Initial Public Offering (IPO). The objective of this IPO is to carry out the CentreÂ’s divestment plan in this entity, of 2 crore equity shares.
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Thinking Afresh
A quality transition to the planned expansion will require a huge capital investment in electricity, railways, roads, ports, airports, irrigation, water supply and sanitation systems.
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Uttarakhand to get Central funds
Union Urban Development Minister Venkaiah said projects which are either completed or half done under schemes like JNNURM, Rajiv Awas Yojana and Swachh Bharat
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Budget 2015: The chinks and the missing links
Budget 2015 echoes the need to foster the infrastructure ecosystem and outlines the policies and reforms which are expected to revive the growth of infrastructure which has remained tepid.
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Creating financially sustainable cities in India
The HPEC Report on Indian Urban Infrastructure and Services (2011) estimates that India will need urban infrastructure investment amounting to Rs 39.2 lakh crore in 20 years between 2012 and 2031.
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Domino effects of stuck cash
NPAs are at best symptomatic of a deeper problem among infrastructure projects in particular, among those on public-private partnership (PPP).
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HUDCO to give loan for SDA’s projects
At a high level meeting between the officials of Srinagar Development Authority (SDA) and Housing and Urban Development Corporation (HUDCO), it was decided that the former would seek loan from the latter for construction of houses and other projects. The SDA decided to seek financial assistance from HUDCO given the mounting demand for apartment-type housing and in view of the escalating land costs in Srin
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