By Accommodation Times Bureau
Private equity and non-banking financial companies are looking afresh at affordable housing thanks to the government’s thrust on the segment and the recently accorded infrastructure status.
A few institutional investors have already put in money in affordable housing projects while many others are beefing up their corporations to do so, bringing in much-needed liquidity. This comes amid data pointing to robust demand, which has prompted developers to sharpen their focus on the segment
“The activity in affordable housing segment is very high right now and is expected to continue for the next few years given the impetus provided by the government through various incentives and subventions,” said Pankaj Kapoor, managing director of Liases Foras Real Estate Rating & Research.