Janaadhar India raises Rs 77 crore for its affordable housing project

Date posted: Thursday 24 December 2020

Bengaluru-based affordable housing developer Janaadhar India has raised Rs 77 crore in both debt and equity from existing investors as well as from UK-based affordable housing investor. Janaadhar plans to deploy the funds for development of an affordable housing project near Ahmedabad and in also establishing a precast plant. Reall is funded by the UK’s Foreign and Commonwealth and Development Office (FCDO), and the Swedish International Development Agency (SIDA).

(Economic Times)