Latest News | HUDCO Inks Pact with Guj Govt to Invest Rs 14,500 Cr to Finance Housing, Urban Infra Projs

New Delhi, Dec 27 (PTI) State-owned HUDCO on Wednesday said it has entered into a pact with the Gujarat government to invest up to Rs 14,500 crore for financing of housing and urban infrastructure projects.

The state government intends for overall development of Gujarat by implementing various housing and infrastructure projects, according to a regulatory filing.

Also Read | SBI Clerk Prelims 2023: Exam Schedule Released For Recruitment of 8283 Posts at sbi.co.in, Check Details.

Housing & Urban Development Corporation Ltd (HUDCO) has "executed a memorandum of understanding with the State Government of Gujarat for an investment up to Rs 14,500 crore for financing the housing and urban infrastructure projects in the state of Gujarat," the filing said.

Being a techno-financial institution, HUDCO is in the business of providing financial assistance for housing and urban development projects in the country.

Also Read | Allahabad High Court Recruitment 2023: Vacancies Notified for 83 Advocate Posts, Apply Online at allahabadhighcourt.in From January 15.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)