HUDCO Plans USD 1 Billion Fund For Metro Projects

17 Nov 2025 CW Team

The Housing and Urban Development Corporation (HUDCO) is preparing to launch a pioneering USD one billion pooled fund to finance Metro projects across India, marking a significant step towards supporting large-scale urban transport expansion.

HUDCO is currently in talks with multilateral banks, aiming to structure loans at competitive interest rates by blending foreign and domestic funding sources, including banks. The objective is to reduce hedging costs and create a financially sustainable model for Metro development.

With India’s operational Metro network projected to grow from 1,013 km in 2025 to 2,000 km by 2030, the proposed fund arrives at a time of rapid sectoral expansion and rising demand for efficient urban mobility.

The organisation is also strengthening its focus on public–private partnerships, particularly for projects where private players shoulder a substantial portion of capital expenditure.

HUDCO expects its total loan book to increase to Rs 1.6 trillion by March 2026, rising further to Rs 3 trillion by 2030, as it continues to broaden its portfolio beyond affordable housing.

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