
Housing and Urban Development Corporation Ltd (HUDCO) has signed a non-binding Memorandum of Understanding with the National Institute of Urban Affairs (NIUA) on November 24, 2025, in New Delhi. The document sets out how the two organisations may work together on activities related to urban development and infrastructure.
Work Areas Mentioned in the MoU
The agreement lists urban infrastructure as the main theme, with room to create programmes linked to planning, financing and implementation. It also includes work related to HUDCO’s Urban Invest Window (UiWIN), which focuses on investment options for urban projects.
Alongside programme development, the MoU provides space for activities such as workshops, seminars, conferences and other capacity-building efforts that may involve professionals and institutions working in the urban sector. Both organisations may also undertake studies together, including research, monitoring, evaluation and impact assessments that examine how different initiatives perform on the ground.
Financing and External Partnerships
The document notes that HUDCO and NIUA may explore working with multilateral funding agencies and other sources of finance. These options are not confirmed commitments but are listed as possible areas to consider for projects that require external support.
Duration and Project Conditions
The MoU will remain valid for 5 years, unless both sides decide to end it earlier by providing one month’s written notice. If either party chooses to end it, ongoing responsibilities must still be completed.
Any individual project will need separate agreements to define its scope. These will be written through Terms of Reference (ToR) documents, setting out costs, timelines, tasks and expected outcomes.
The MoU was signed by Shri M Nagaraj, Director (Corporate Planning) for HUDCO, and Dr Debolina Kundu, Director (AC) for NIUA.
Read More: HUDCO Q2FY26 Earnings Results Out: Net Profit Up Nearly 8%!
HUDCO Share Price Performance
As of November 25, 2025, at 10:37 AM, Housing and Urban Development Corp (HUDCO) share price was trading at ₹229.33, a 0.50% increase from the previous closing price.
Conclusion
The document serves as a formal record for possible joint work between HUDCO and NIUA over the next 5 years, covering training, research and urban development programmes without creating legally enforceable obligations.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Nov 25, 2025, 11:07 AM IST

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