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Hudco

#2660

Rank

$5.36B

Marketcap

IN India

Country

Hudco
Leadership team

Mr. Duraiswamy Guhan (CFO, Director of Fin. & Director)

Mr. Harish Kumar Sharma (Company Sec. & Compliance Officer)

Mr. Muniappa Nagaraj (Director of Corp. Planning & Director)

Products/ Services
Financial Services
Number of Employees
500 - 1000
Headquarters
New Delhi, Delhi, India
Established
1970
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
HUDCO.NS
Social Media
Overview
Location
Summary
Housing and Urban Development Corporation Limited provides housing and infrastructure development in India. The company offers loans for housing projects, such as urban and rural housing, co-operative housing, community toilets, slum upgradation, staff housing, retail housing, repairs and renewals, land acquisition, and building technology, as well as implementing agencies comprising state government bodies, co-operative societies, corporate borrowers, and joint sectors. It also provides financing for infrastructure projects in the sectors of water supply; sewerage; drainage; solid waste management; roads and transport; power generation, transmission, distribution, and renovation; emerging sector; smart city; and social infrastructure component, such as National games village, stadiums, sports complexes, shooting ranges, parks and play grounds, health centers, government hospitals, schools and colleges, State Vidhan Sabha Sadans, police academies and stations, fire stations, courts/collectorates/office buildings, rehabilitation centers, auditoriums, convention halls, crematoriums, abattoirs, etc., as well as commercial infrastructure components, including office buildings, business/trade centres, shopping malls, market complexes, theatres/multiplexes/entertainment centres, hotels, guest houses, terminal markets, multilevel parking, tourist centres etc. In addition, the company offers consultancy services, including URP services, environmental engineering, and government programs consultancy services; and disaster mitigation services. Further, it provides housing finance loans. Housing and Urban Development Corporation Limited was incorporated in 1970 and is based in New Delhi, India.
History

This institution came into existence on 25, April, 1970 as a private limited company under the complete ownership of Indian Government with an equity base of Rs. 2 crore under the Companies Act, 1956. It was created against the backdrop of housing deficit in India in 1960s and 70s, with the objective of addressing issue of housing finance and playing role in urban infrastructure development. The organisation provides finance for setting up of new towns and also works as consultancy services for the projects of designing and planning relating to Housing and Urban Development programs in India as well as abroad. HUDCO won UN-Habitat Scroll of Honour Award for the contributions to the development of housing in 1991. The institution was conferred with miniratna status in 2004.

Mission
To be the benchmark in providing housing and urban development solutions in India and abroad, to contribute to nation building in Pursuit of Excellence.
Vision
To create inspiring living and business environments for all segments
Key Team

Mr. N. S. Ganesh (Chief Risk Officer)

Dr. Alok Kumar Joshi (Exec. Director of (P) ? Operations & CSR)

Mr. Arun Kumar Chaturvedi IRSE(1994) (Chief Vigilance Officer)

Ms. Upinder Kaur (Gen. Mang. of Public Relation)

Recognition and Awards
HUDCO has been awarded the MoU Excellence Award by the Government of India for the year 2015-16, in recognition of its commitment in the areas of Human Resources, Internal Audit & Business Excellence.
References

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Hudco
Leadership team

Mr. Duraiswamy Guhan (CFO, Director of Fin. & Director)

Mr. Harish Kumar Sharma (Company Sec. & Compliance Officer)

Mr. Muniappa Nagaraj (Director of Corp. Planning & Director)

Products/ Services
Financial Services
Number of Employees
500 - 1000
Headquarters
New Delhi, Delhi, India
Established
1970
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
HUDCO.NS
Social Media