(THE NEWSMAN OF INDIA.COM) by Abul Hasan Mumbai, March 2025 – In a significant recognition of its commitment to infrastructure development, Devendra Fadnavis, the Chief Minister of Maharashtra felicitated Sanjay Kulshrestha, CMD Housing and Urban Development Corporation Ltd. (HUDCO), for the corporation’s pivotal role in supporting the Sudharit Hybrid Annuity Projects of the Maharashtra State Infrastructure Development Corporation (MSIDC).

HUDCO has extended a financial assistance of ₹7,863 crores to facilitate the construction of 1,825 km of roads across 15 districts of Maharashtra. This initiative is set to enhance road connectivity, boost economic growth, and improve transportation infrastructure in the state.

HUDCO’s Impactful Contribution
Under the dynamic leadership of CMD Sanjay Kulshrestha, HUDCO has been at the forefront of financing key infrastructure projects that drive socio-economic progress. The support extended for the Sudharit Hybrid Annuity Projects will enable the development of modern, high-quality road networks, benefiting millions of people across Maharashtra.

Speaking on the occasion, Sanjay Kulshrestha expressed his gratitude to the Government of Maharashtra for the recognition and reiterated HUDCO’s commitment to nation-building. “HUDCO has always been dedicated to strengthening infrastructure and urban development across the country. This collaboration with MSIDC is a testament to our commitment to providing financial solutions that accelerate growth and development,” he stated.

Maharashtra Government Lauds HUDCO’s Efforts

The Maharashtra Chief Minister praised HUDCO’s proactive approach in financing critical projects that align with the state’s vision for robust infrastructure development. The CM acknowledged that HUDCO’s financial assistance has played a crucial role in expediting road construction projects, ensuring better connectivity in remote and rural regions, and enhancing overall economic opportunities.

Since taking charge as CMD of HUDCO, Sanjay Kulshrestha has spearheaded multiple initiatives that have significantly contributed to housing, urban infrastructure, and transportation development across India. His strategic vision and leadership have led to HUDCO’s enhanced role in financing large-scale projects that impact millions of lives.

HUDCO’s financial support to MSIDC’s Sudharit Hybrid Annuity Projects is a testament to its dedication to sustainable development, smart urban planning, and infrastructure growth in the country. With this achievement, HUDCO continues to strengthen its position as a key player in India’s urban and rural transformation.

The felicitation of CMD Sanjay Kulshrestha by the Maharashtra Chief Minister marks a significant milestone in HUDCO’s journey towards infrastructure excellence. As HUDCO continues to expand its footprint in financing transformational projects, its role in shaping India’s development remains more crucial than ever.