HUDCO Signs MoU with MMRDA for Infrastructure Development in Mumbai
Housing and Urban Development Corporation Ltd. (HUDCO) has signed a Memorandum of Understanding (MoU) with Mumbai Metropolitan Region Development Authority (MMRDA) on 8th April, 2025. The MoU aims to establish a framework for cooperation between HUDCO and MMRDA for the development of infrastructure projects in Mumbai Metropolitan Region. HUDCO has agreed to explore and provide funds up to Rs.1,50,000 Crore over a period of five years. Additionally, HUDCO will extend consultancy services and capacity building activities to MMRDA. The MoU was signed in the 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.
Key Highlights
- HUDCO to provide funds up to Rs.1,50,000 Crore over five years for MMRDA infrastructure projects.
- HUDCO to extend consultancy services and capacity building activities to MMRDA.
- MoU signed in the presence of Shri Devendra Fadnavis, Hon’ble Chief Minister, Maharashtra, and other dignitaries.
- MoU aims to establish a framework for cooperation between HUDCO and MMRDA.
- HUDCO is a Government of India Enterprise and ISO 9001 : 2015 Certified Company.