Housing & Urban Development Corp. Ltd., established in 1970 and headquartered in New Delhi, India, is a government-owned entity focused on facilitating housing finance and urban development across the nation. The company primarily offers financial assistance for housing projects, provides long-term loans to individuals and builders, and promotes affordable housing initiatives.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Housing & Urban Development Corp. Ltd. has been actively issuing bonds since its inception, with significant issuances occurring in the late 1990s to fund urban housing projects. Noteworthy among these was a substantial 10-year bond issuance in 2020, which garnered attention for its competitive yields compared to industry standards. Currently, the corporation's bonds typically feature attractive interest rates linked to infrastructure development and provide a hedge against rising inflation, making them appealing to retail investors. The company’s commitment to enhancing urban living conditions continues to support robust demand for its bond offerings.