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Housing & Urban Development Corporation Ltd - 540530 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 we are enclosing herewith the certificate issued by the Registrar & Transfer Agent, M/s Alankit Assignments Limited ensuring the compliance of the said regulation for the quarter ended 31* March, 2023.
06-04-2023
Bigul

Vizhinjam port: Kerala approves guarantee for 3,600-cr loan from Hudco

Work on breakwater progressing fast as project aims to become operational by September
06-04-2023

Govt sets up panel to find way forward for stalled realty projects

The Centre's move to set up a panel to examine issues related to stalled real estate projects and suggest ways for their completion is a step in the right direction, homebuyers' body FPCE said on Tuesday. The grouping also expressed hope that practical solutions would emerge for benefits of all stakeholders but rued that the panel does not have anyone representative of homebuyers. The Forum For People's Collective Efforts (FPCE), an umbrella body of homebuyers, had played an important role in enactment and implementation of RERA. Union Housing and Urban Affairs Ministry has set up a 14-member committee headed by former NITI Aayog CEO Amitabh Kant to examine the issues related to stalled real estate projects and recommend ways to complete such projects. FPCE President Abhay Upadhyay said setting up of the panel is definitely a step in the right direction and a very welcome move to resolve the issues of pre-RERA delayed project. "The credibility, intent, seriousness and effectivenes
04-04-2023

Housing and Urban Affairs Ministry gets 26 proposals to develop new cities

The Union Housing and Urban Affairs (HUA) Ministry has received 26 proposals from 21 states to develop new cities to meet the demand for urban expansion in the country and they are currently at scrutiny and evaluation stage, the Rajya Sabha was informed on Monday. In a written response to a question, Minister of State for HUA Kaushal Kishore said the 15th Finance Commission has allocated Rs 8,000 crore for performance-based challenge fund for incubation of eight new cities and the amount available for each proposed new city is Rs 1,000 crore. "A state can have only one new city through this fund. Thus, maximum nine new cities in nine states can be selected," the minister said. Considering the small urban population in north-east and hill states, Rs 1,000 crore for two new cities (Rs 500 crore each) for two different states has been proposed, he said. "The Ministry has specified minimum eligibility conditions and bid parameters for the states to compete in the challenge. The last da
27-03-2023
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Housing & Urban Development Corporation Ltd - 540530 - Announcement under Regulation 30 (LODR)-Change in Directorate

The President of India acting through Administrative Ministry, i.e., Ministry of Housing and Urban Affairs (MoHUA), Government of India, vide its Office Order No. A-42012(12)/1/2021-AA (E-9115243) dated 27th March, 2023 (Annexure-A) conveyed that in pursuance to the approval of Appointments Committee of the Cabinet (ACC) vide DoP&T's communication No. 26/1/2022-EO(ACC) dated 20.03.2023, assigned the additional charge for the post of Chairman & Managing Director, Housing and Urban Development Corporation Limited (HUDCO) to Shri Kuldip Narayan (DIN: 03276525), Joint Secretary (HFA), MoHUA, for a period of 6 months with effect from the date of his assumption of charge of the post or till a regular incumbent joins the post, or until further orders, whichever is the earliest.
27-03-2023
Bigul

Housing & Urban Development Corporation Ltd - 540530 - Closure of Trading Window

In compliance of SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended thereto and Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated persons and their immediate relatives and for Fair Disclosure of HUDCO, the trading window for dealing in the Securities of the Company shall remain close from Saturday, 1st April, 2023 till 48 hours after the declaration of financial results for the quarter & year ended 31st March, 2023. The date of Board Meeting of the Company for the consideration and declaration of the financial results for the quarter & year ended 31st Mach, 2023 will be intimated later.
21-03-2023

Parl panel suggests modifying PMAY-U after impact assessment study

A parliamentary panel has recommended to the government to conduct an impact assessment study of its urban housing scheme and explore the feasibility of extending it with modifications or formulating another similar one to benefit the urban poor at large to achieve the objective of 'Housing for All'. The Standing Committee on Housing and Urban Affairs also sought to know the number of slums de-notified since the implementation of the In-Situ Slum Redevelopment (ISSR) vertical of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) and observed that the housing ministry is duty-bound to maintain the data pertaining to the outcome of its mission and schemes. The report of the committee, chaired by Rajiv Ranjan Singh, was presented in Lok Sabha on Monday. The report stated that the Union Housing and Urban Affairs (HUA) Ministry has accepted that it had not conducted any independent urban housing need assessment study of the PMAY-U. "The Committee feels that being a demand-driven scheme, ther
20-03-2023

Draft Master Plan for Delhi-2041 likely to be notified by March-end

The draft Master Plan for Delhi-2041 is likely to be notified by the end of March, officials said on Thursday. The Delhi Development Authority (DDA) had earlier this month approved the draft master plan with Lt Governor VK Saxena highlighting its thrust for inclusive development, sustainability and innovative interventions such as transit-oriented development hubs, land pooling, heritage and Yamuna rejuvenation, and regeneration of the city. "The DDA has already approved the draft Master Plan and we are in the process of sending it to the Ministry of Housing and Urban Affairs. We are hopeful that the ministry will approve it by the end of this month or by early April, following which it will be notified," said an official. The first master plan was promulgated in 1962 under the Delhi Development Act, 1957. These plans are prepared for 20 years' perspective periods and provide a holistic framework for planned development of the city. The draft Master Plan of Delhi - 2041 is a...
16-03-2023
Bigul

Housing & Urban Development Corporation Ltd - 540530 - Corporate Action-Board approves Dividend

Interim Dividend for the financial year 2022-23 @ 7.5% i.e Rs 0.75 per Equity Share of Rs 10 each. Record Date as 22nd March 2023.
14-03-2023
Bigul

Housing & Urban Development Corporation Ltd - 540530 - Board Meeting Outcome for Outcome Of Board Meeting

Interim Dividend for the financial year 2022-23 @ 7.5% i.e Rs 0.75 per Equity Share of Rs 10 each. Record Date as 22nd March 2023. And Approval of Annual Resource Plan for FY 2023-24 upto maximum of Rs 18000 crore.
14-03-2023
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