HUDCO and NBCC partner for pan-India development projects

HUDCO and NBCC (India) Limited signed a memorandum of understanding (MoU) on September 19, 2025, in New Delhi. This non-binding agreement outlines plans for the development of a commercial plot in Kaushambi, Ghaziabad, Uttar Pradesh, and an institutional plot in Panchkula, Haryana.

The MoU also covers the construction of additional blocks at HUDCO's regional office in Ahmedabad, Gujarat, and the reconstruction of residential flats at the Asian Games Village Complex in New Delhi. All projects will be executed on a turnkey basis as deposit work.

The agreement was signed by Sanjay Kulshrestha, cmd, HUDCO, and K. P. Mahadevaswamy, cmd, NBCC. This collaboration aims to leverage the expertise of both entities in urban development and infrastructure.