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Economy News

The Economic Times

Economy / The Economic Times

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HUDCO sees Rs 1 lakh crore opportunity in new cities push

HUDCO anticipates significant business growth from developing new cities nationwide. Investment in each new city and satellite township could exceed one lakh crore. Projects include Amaravati and urban expansion around Shillong. HUDCO will offer financing, technical expertise, and advisory services. These initiatives are planned across Uttar Pradesh, Rajasthan, and other states.

1 Aug 2026 12:07 am