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Signing of Memorandum of Understanding by HUDCO withMMRDA

Updated on: 10 April,2025 03:07 PM IST  |  Mumbai
Buzz | sumit.zarchobe@mid-day.com

Further, HUDCO will also extend Consultancy services and CapacityBuilding activities to meet the emerging requirements of MMRDA.

Signing of Memorandum of Understanding by HUDCO withMMRDA

HUDCO with MMRDA

Housing and Urban Development Corporation Limited (HUDCO) signed a Memorandum of Understanding (MoU) with Mumbai Metropolitan Region DevelopmentAuthority (MMRDA), Maharashtra, on 8th April, 2025 at Mumbai.

The MoU establishes a framework for cooperation between HUDCO andMMRDA wherein HUDCO shall explore and provide funds up to Rs.1,50,000 Crore over a periodof five years for development of infrastructure projects to be implemented by MMRDA in MumbaiMetropolitan Region. Further, HUDCO will also extend Consultancy services and CapacityBuilding activities to meet the emerging requirements of MMRDA.

The MoU was signed in presence of Shri Devendra Fadnavis, Hon’ble Chief Minister,

Maharashtra, Shri Eknath Shinde, Hon’ble Deputy Chief Minister, Maharashtra, Shri SanjayKulshrestha, Chairman & Managing Director, HUDCO,Dr. Sanjay Mukherjee, VC & MD MMRDAand other dignitaries.

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