Affordable housing in India offers US$0.62 trillion of funding opportunities for private funds in the next 5 years in the backdrop of the government’s push for this segment, reveals a Knight Frank report.
The report ‘Brick by Brick – Long term capital to fund affordable housing for all’ observes that the affordable housing sector in India has witnessed private equity (PE) investments to the tune of $2,597 mn since 2011. The investment in affordable housing has been 17% of the total PE investment in the residential segment in India in the last 10 years (since 2011). However, it is yet to become a major theme for the funds in the country with a very few private equity funds dedicated to funding affordable homes.
India constitutes 11% of the
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