Major objectives of JUIDCO are:

1. To construct, execute, carry out, equip, improve, alter, develop, decorate, maintain, furnish, administer, operate, maintain manage or control- public works, government projects of all kinds including townships, roads bridges, canals, reservoirs, embankments, reclamations, improvements, sewage, drainage, sanitary, water, waste, gas, electric, lights, telephonic, telegraphic and power supply works, markets, bazaars, places of amusement, pleasure grounds, parks, gardens, water sewage and effluent treatment plants, offices, houses, and all other works of urban development and conveniences or other public or private liability.
2. To undertake aid, promote and co-ordinate project studies, arrange collaboration to, extend technical assistance and services, prepare schemes, projects reports, market research and studies, to arrange technical, financial arrangements, to make agreements and arrangements to provide management, personnel, supervise and set up production techniques, assists in finding markets for manufactured goods of Indian and foreign origin, secure sound investments of foreign capital in Indian undertakings and enterprises and to act as agents or render assistance to any person, firm, company, association, embassy or government.
3. To construct, execute, carry out, equip, improve, work, develop, administer, manage or control works and conveniences of all kinds whether for any Government, Public Body, Local Authority, or any other company, firm or individual, and generally of town and city planners, builders and contractors, engineers, architects, surveyors, estimates and designers by itself or through any other agency or its individual.
4. To engage and/or to avail the services of an individual, firm, body corporate or any other agency whether established in India or abroad to build, operate and transfer basis [BOT] or any other nature, of concession agreements or any other basis as may be determined by the company from time to time.
5. To acquire on lease, outright purchase basis or otherwise any land, estate, buildings, structures etc., and to develop, construct, maintain any township, colonies, software park, technology park, export processing zones, industrial estates, growth centers, housing estates, amusement parks, commercial complex and to provide all facilities required and to sale, lease out or to provide them to government departments, undertakings companies, private houses on such terms and conditions as may be determined by the company from time to time.
6. To act as advisors and/or consultants on all matters and problems relating to urban and town planning, Landscape, architecture, structural engineering, electrical engineering, interior designing and graphic.
7. To construct, maintain, improve, develop, work, control, assist and manage any water works, irrigation projects, reservoirs, water rights, factories, warehouses, schools, education institutions, places of amusement, pleasure grounds, parks gardens, reading rooms, shops and other works and conveniences which the company may think directly or indirectly conducive to these objects.
8. To acquire and take over any business or undertaking carried on, upon or in connection with, any land or building where which the Company may desire to acquire as aforesaid or become interested in and the whole or any of the assets and liabilities of such business or undertaking and to carry on the same or dispose of, remove or put an end thereto, of otherwise deal with the same as may seem expedient.
9. To survey, plan, acquire, and hold the land for establishment of the township in any urban area including the existing town area in Jharkhand and in any other places.
10. To study and examine the report on the selected sites for various parts/ area and to plan and design any urban area and other places.
11. To improve the infrastructure and to do all acts necessary for the development of the existing towns of Jharkhand.
12. To undertake any projects/works of State Government, State or Central Government Undertakings, municipal corporation or any other agency of the State Government and/or to function in accordance with the directions of State Government from time to time.
13. To assist financially industrial or commercial enterprises, housing projects, university, education institutions, whether for starting, running, expanding, modernizing, shifting or otherwise.
14. To provide accommodation and facilities for industries and/or residence and/or business of all types and kinds including industrial sheds, factory buildings, warehouse, godowns service flats and garages etc.
15. To undertake schemes of works either jointly with other corporate bodies or institutions or with Government or Local Authorities or on any agency basis for the furtherance of the objects of the Company.
16. To establish, constitute or the advance funds for the purpose or construction of hospitals, maternity homes, dormitories, sanatoriums, convalescent homes, laboratories and to render all medical aid benefits, facilities as may be considered advantageous.
17. To contract for lighting of any public or private places or property by gas, electric, or any other lights and to establish and maintain centers from which light, heat or power may be distribution in any way or supplied or used for any purpose and to contract for the performance of any service, or the execution of any work which can be effected by electricity, magnetism or any other mechanical or scientific processes.
18. To encourage and promote the expansion of investment markets.
19. To act as advisor and/or consultants on all matters and problems relating to administration, management, organisation, manufacture, production, storage, process, systems and account, training of personnel, marketing, distributing and selling methods and principles to develop procedures and principles of and engage in research of all problems relating to the administration business methods, techniques, personnel for commercial, industrial and business purposes, distribution, marketing and selling, to collect, analyze, process, interpret, distribute and circulate data, statistics and information relating to any type of business or industry, university, educational institution, to analyze, collect, examine, consider, formulate, report and recommend ion the means and/or methods for extending and/or developing and/or improving and/or promoting and/or managing any type of commerce, business or industry, organisation and methods techniques and procedures, to consider and evaluate problems relating to manufacture, production, storage, distribution, finance, purchasing, marketing and sale and/or relating to the rendering of any services, to render the above services to any person, firm, company, trust, association, institution, society, body corporate, government or government department, public or local authority, any other organisation whatsoever, and to render all such other services as may be ancillary or incidental to any of the foregoing matters and problems.
20. To establish, provide, maintain, and conduct or otherwise subsidise research laboratories and experimental workshops for scientific and technical research laboratories and experiments and to undertake and carry on with all scientific and technical researches, experiments, and tests of all kinds and to promote studies and research, both scientific and technical investigation and inventions by providing, subsidising, endowing or assisting laboratories, workshops, libraries, lectures, meeting, and conferences and by providing for the remuneration of scientific or technical professors or teachers and by providing for the award of exhibition, scholarships, prizes, and grants to students or otherwise and generally to encourage, promote and reward studies, researches, investigations, experiments, tests and inventions of any kind.