Loan pact signed between HUDCO and CRDA for capital Amaravati construction
2 weeks ago

Loan pact signed between HUDCO and CRDA for capital Amaravati construction

Deccan Chronicle  

A landmark loan agreement was signed between the Housing and Urban Development Corporation and the Capital Region Development Authority in the presence of Chief Minister Chandrababu Naidu on Sunday. The event was attended by urban development minister P Narayana, HUDCO chairman and MD Sanjay Kulshreshtha and officials from the municipal administration department. Narayana said, "As per this deal, HUDCO will extend a loan of Rs.11,000 crore for the capital construction. Its board meeting in Mumbai on January 22 gave the nod for the loan.” Apart from Sanjay Kulshrestha, HUDCO directors M Nagaraj and Daljeet Singh Khatri, along with its AP regional chief BSA Murthy, joint GM SM Srinivas and senior manager Subba Rao visited the Sri Durga Malleswara Swamy Varla Devasthanam atop Indrakeeladri here on Sunday.

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HUDCO extends ₹11,000 crore loan to CRDA for construction of Andhra state capital Amaravati
2 weeks ago

HUDCO extends ₹11,000 crore loan to CRDA for construction of Andhra state capital Amaravati

Op India  

In a significant development, the Housing and Urban Development Corporation has extended a massive Rs 11,000 crore loan to the Capital Region Development Authority for the construction of Amaravati, the state capital of Andhra Pradesh, said the official statement. This agreement was signed in the presence of Chief Minister Nara Chandrababu Naidu at his residence in Undavalli and was attended …

Andhra, HUDCO enter into ₹11,000 crore loan deal for Amaravati construction
2 weeks ago

Andhra, HUDCO enter into ₹11,000 crore loan deal for Amaravati construction

Hindustan Times  

Amaravati, March 16 Andhra Pradesh's Capital Region Development Authority and HUDCO inked a ₹11,000 crore loan agreement on Sunday for the construction of the greenfield capital city, Amaravati, Government sources said. Andhra Pradesh's Capital Region Development Authority and HUDCO inked a ₹ 11,000 cr loan agreement for the construction of Amaravati, government sources said. "HUDCO and CRDA entered into the …

Andhra Pradesh CRDA approves additional capital works in Amaravati costing ₹2,723 crore
3 months, 1 week ago

Andhra Pradesh CRDA approves additional capital works in Amaravati costing ₹2,723 crore

The Hindu  

The Andhra Pradesh Capital Region Development Authority approved various building and infrastructure works in Amaravati costing about ₹2,723 crore in its 44th meeting held on Monday Briefing media persons about it, Municipal Administration Minister P. Narayana said that while focussing on transforming Amaravati into a vibrant capital city of global standards, the government was preparing plans to develop all the …

BDA to take ₹27,000 crore loan from HUDCO for the Peripheral Ring Road project
4 months, 1 week ago

BDA to take ₹27,000 crore loan from HUDCO for the Peripheral Ring Road project

The Hindu  

The Bangalore Development Authority has decided to take a loan of ₹27,000 crore from Housing and Urban Development Corporation Limited, a union government PSU for the Peripheral Ring Road project. “The BDA will negotiate with the HUDCO to reduce the interest rate a little,” said an official. The official said the BDA will be acquiring land and compensation will be …

APCRDA to sign agreement with World Bank, ADB for Amaravati capital city loan
4 months, 2 weeks ago

APCRDA to sign agreement with World Bank, ADB for Amaravati capital city loan

Hindustan Times  

In yet another step towards construction of Andhra Pradesh capital city of Amaravati, senior officials of the AP Capital Region Development Authority on Tuesday held negotiations with the representatives of the World Bank and the Asian Development Bank in New Delhi to sign an agreement for securing a loan of US $1.786 bn for the project, people familiar with the …

HUDCO agrees to lend money for Telangana housing scheme
7 months, 1 week ago

HUDCO agrees to lend money for Telangana housing scheme

New Indian Express  

HYDERABAD: Housing and Urban Development Corporation has in-principal agreed to extend its assistance, in the form of loan, for construction of houses under Indiramma Housing Scheme in Telangana. Sources said that the state government sought Rs 8,000 crore loan from HUDCO for implementation of the housing scheme. It may be recalled that the state government has launched Indiramma Housing Scheme …

HUDCO sanctions Rs.837.6 crore for roads in Bengal - IndiaTV News
10 years, 1 month ago

HUDCO sanctions Rs.837.6 crore for roads in Bengal - IndiaTV News

India TV News  

Kolkata: Centre-owned infrastructure finance company Housing and Urban Development Corporation Ltd. Saturday said it has sanctioned Rs.837.60 crore to West Bengal for developing two road projects. The company said it has also sanctioned Rs.1.5 crore for developing five model villages and slum-areas in the state to promote the "comprehensive development of human settlements". "In West Bengal, HUDCO has supported 48 …

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