The Housing and Urban Development Corporation (HUDCO) has plans for a groundbreaking USD one billion pooled fund aimed at financing Metro projects across India.

Currently in discussions with multilateral banks, HUDCO plans to offer loans with competitive interest rates, blending foreign and domestic sources, including banks. The fund aims to minimise hedging costs, making it a viable financial solution for Metro infrastructure. With India's Metro network expected to grow from 1,013 km in 2025 to 2,000 km by 2030, HUDCO's initiative comes at a time of significant growth in the sector.

The organisation is also focusing on public-private partnerships (PPP), especially where private investment covers a significant portion of project costs. HUDCO’s total loan book is projected to reach Rs 1.6 lakh crore by March 2026, growing to Rs three lakh crore by 2030, as it continues expanding its scope beyond affordable housing.