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Modi 3.0: Mega Push In Housing Sector – Should You Buy HUDCO Shares?

Modi 3.0: Mega Push In Housing Sector – Should You Buy HUDCO Shares?

Sakshi Batra
Sakshi Batra
  • New Delhi,
  • Jun 17, 2024,
  • Updated Jun 17, 2024, 12:36 PM IST

Narendra Modi’s new Cabinet in its 3rd tenure announced its first major policy decision to provide assistance for the construction of an additional three crore rural and urban houses under the Pradhan Mantri Awas Yojana (PMAY). Is it the right time to invest in housing finance stocks? HUDCO provides loans for urban and rural housing, co-operative housing, community toilets, slum upgradation, staff housing, retail housing, repairs and renewals, and land acquisition. It also works with state government bodies, co-operative societies, corporate borrowers, and joint sectors. Catch Sakshi Batra in conversation with Market Analyst Avinash Gorakshakar, Head of Research at Profitmart Securities, decoding the investment strategy for HUDCO.

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