HUDCO and IDFC Foundation Partner to Boost Urban Sector Capacity

Housing and Urban Development Corporation Ltd. (HUDCO) has entered into a Memorandum of Understanding with IDFC Foundation to work together on capacity-building for the urban sector in India. The document was signed in New Delhi on 21 November 2025 by HUDCO’s Director (Corporate Planning) M Nagaraj and IDFC Foundation’s Managing Director, Eby Thomas.  

As per the filing, the MoU is not a binding commercial contract and only lays out areas where both sides may work jointly.  

Planned Areas of Work 

The understanding covers training and technical support for institutions involved in urban planning and development. The collaboration includes work related to national urban programmes and HUDCO’s Urban Invest Window (UiWIN).  

The areas listed in the MoU include building technical skills, financial planning abilities and leadership support for organisations that handle urban projects.  

Who May Participate 

The MoU notes that activities will involve a wide mix of groups connected to urban development. This includes government bodies such as urban local authorities, Smart City project teams, various project units and advisory groups. Participation may also extend to academic institutions, training centres, private sector consultants, non-profit organisations and community-based groups. The expected work would include training sessions, advisory inputs, policy-related studies and preparation of reference material.  

Terms of Working Together 

Any individual programme under this MoU will be governed by its own written plan. Such plans will specify scope of work, cost-related responsibilities, staffing and timelines. As stated in the document, each side will usually bear its own costs unless another arrangement is agreed upon in writing. The MoU does not prevent either organisation from taking up similar activities with other institutions.  

Duration and Withdrawal 

According to the document, the arrangement will remain valid for three years from the date of signing and may be extended if both sides agree in writing. Either party may withdraw from the understanding by giving 60 days’ written notice. Work that has already begun must continue to be completed even if the MoU is later terminated.  

HUDCO Share Price Performance 

As of November 24, 2025, 11:23 am, HUDCO share price was trading at ₹232.11, a 0.91% increase from the previous closing price. 

Read More: HUDCO Q2FY26 Earnings Results Out: Net Profit Up Nearly 8%! 

Conclusion 

The MoU outlines how HUDCO and IDFC Foundation may jointly support urban capacity-building through training, advisory activity and documentation, without forming a binding commercial partnership. 

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Investments in the securities market are subject to market risks, read all the related documents carefully before investing.