Modi 3.0: Housing Sector Mega Push In – Is it worth buying HUDCO shares?

Narendra Modi’s new cabinet in its third term has announced its first major policy decision to provide assistance for construction of an additional three crore rural and urban houses under the Pradhan Mantri Awas Yojana (PMAY). Is now the right time to invest in shares of housing finance companies? HUDCO provides loans for urban and rural construction, cooperative housing, community toilets, slum upgrading, staff housing, commercial housing, repairs and renovations and land acquisition. It also works with government agencies, cooperatives, corporate borrowers and shared sectors. Catch Sakshi Batra in conversation with market analyst Avinash Gorakshakar, Research Director at Profitmart Securities, decoding the investment strategy for HUDCO.