HUDCO CMD shares info on Corp’s steller performance

Dr M RaviKanth , CMD, HUDCO recently shared the highlights of HUDCO’s excellent performance during the year 2018-19. Notably, since inception, HUDCO has financed over 17100 housing and infrastructure projects with a cumulative sanction of Rs 2,01,931 crore and disbursements of Rs 1,66,175 crore. HUDCO has supported more than 19.34 million houses in the country, both in rural and urban areas, thus making it the largest facilitator of housing delivery in the country. During the year 2018-19, a total of 20.6 lakh dwelling units were sanctioned, including EWS and LIG category. Against the annual disbursement target of Rs 16,565 crore, HUDCO has disbursed Rs 31,010 crore. This is a growth of 87% over the previous year’s disbursements of  Rs 16, 565 crore.