Hyderabad: Housing and Urban Development Corporation Limited successfully organised an Associates’ Meet in Hyderabad to celebrate one year of its Section 54EC Capital Gain Tax Exemption Bonds, receiving an enthusiastic response from over 120 participants across the financial ecosystem.
The event brought together chartered accountants, channel partners, consultants, broking houses, banks, and other associates, reflecting strong market engagement with HUDCO’s investment instruments.
Strong Investor Confidence in 54EC Tax Exemption Bonds
The meet highlighted the successful completion of one year of HUDCO’s Capital Gain Tax Exemption Bonds, showcasing growing investor confidence and increasing market acceptance. Officials said the bonds have emerged as a trusted investment option while also supporting long-term infrastructure financing needs in India.
Focus on Urban Infrastructure and Viksit Bharat Vision
Under the leadership of CMD Sanjay Kulshrestha and Director (Finance) Daljeet Singh Khatri, the session emphasized that funds mobilised through these bonds will be used for urban infrastructure development.
The initiative aligns with the national vision of Viksit Bharat@2047, focusing on sustainable and modern urban growth across the country.
Discussion on UiWIN and Urban Challenge Fund
During the interactive session, participants were also briefed on key initiatives such as:
- Urban Invest Window (UiWIN)
- Urban Challenge Fund
These platforms aim to strengthen innovative financing solutions for urban infrastructure and improve ease of investment participation.
Strengthening Capital Market Presence
Housing and Urban Development Corporation Limited reaffirmed its commitment to expanding its capital market footprint while channeling funds into sustainable urban development projects. Officials said the strong participation at the Hyderabad meet reflects increasing trust in HUDCO’s financial instruments and long-term growth strategy.
About HUDCO
Housing and Urban Development Corporation Ltd (HUDCO) is a Navratna NBFC under the Ministry of Housing and Urban Affairs, India. Established to support urban development across the country, HUDCO provides financial assistance, technical expertise, and advisory services to cities and Urban Local Bodies for sustainable infrastructure development. Through initiatives like UiWIN, HUDCO aims to strengthen project preparation, mobilize investments, and facilitate modern, resilient urban growth in India.
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