Social Infrastructure

The development of mental and physical health of the citizens and the situation of law and order in the society both are important aspects of City life. HUDCO considers that utility infrastructure be part of priority lending as it directly affects the quality of life in the City hence is funding development of social infrastructure projects for the society at the reference rate. In the portfolio so far HUDCO has funded construction of National games village, stadiums, sports complexes, shooting range, parks and play grounds, health centre, government hospitals, working women hostel, school and colleges, university, State vidhan sabha sadan, law chambers, police academy & stations, fire stations, court / collectorate / office buildings. rehabilitation center, auditoriums, convention halls, crematoriums, abattoirs etc. HUDCO has also extended loans for renovation / addition or expansion/ completion of incomplete works etc. The loans are mostly extended to government departments/ authorities/ agencies/ bodies however, certain welfare societies/ cooperatives/ trust have also been considered. The benefit in lending rates is extended to the government agencies only while the private sector participation in educational and health sector is considered at commercial rates as per policy of HUDCO.