NEW DELHI. Housing and Urban Development Corporation (HUDCO) and NBCC (India) Limited (NBCC) have signed two Memoranda of Understanding (MoUs) to fast-track urban redevelopment and strengthen project financing. The agreements include the redevelopment of the leasehold plot at August Kranti Bhawan in New Delhi and financial support from HUDCO for NBCC’s ongoing and upcoming projects under its self-sustainable model. The MoUs were signed in the presence of CMDs Sanjay Kulshrestha and K. P. Mahadevaswamy, along with senior officials from both organisations, marking a significant step towards enhanced collaboration in urban infrastructure development.
HUDCO and NBCC Partner to Accelerate Urban Redevelopment and Project Financing
