Our Objective is participating in Implementing Housing For All By 2022 By Enabling Professional Developers Making 1.0 MM Indian Families Own Aspirational Yet Affordable Homes By 2030
Our team of experienced professionals take on a lead developer status to their Development Finance sponsors, ensuring joint developments meet quality, business ethics standards expected from such deployments.
We provide leadership capital in collaboration with Development Finance Institutions, Impact Organizations, Infrastructure & Sovereign Funds, Strategic Partners with shared principles for the development of Affordable Housing In India through Joint Developments
We arrange construction finance & home loan mortgages, provide requisite construction quality supervision & guidance, undertake a joint sales & marketing scope to create a suitable product for the micro market.
OVERVIEW
Indian Affordable Housing Scenario
By 2030 it is estimated that
90% of Affordable Housing supply in India is met by local developers, who are unable to scale up, due to early stage viability gap funding, to operate multiple, larger projects.
A large proportion of such developers have delivered 500+ homes and are professionally qualified with a wealth of experience. Development Finance Institutions are unable to reach such developers due to a lack of scale and back office constraints on asset management.
Current Constraints being
Local Developers with land & approvals lack access to Capital
Corporate Developers don’t have local relationships for land & approvals
Frontline Incumbents lack the mindset to market low cost homes as aspirational
Absence of FIs with a developer mindset
WHAT WE DO
IHFA Provides Leadership Capital to Developers Pre Financial Close, achieving project stability procuring construction financing
Developers Bring Land & Approvals, providing best practices prevalent in the micro market on product design,
sales & marketing & competitive construction contracts IHFA Enables Construction Financing, Home Loan Mortgages, Project Management & Compliance Oversight
IHFA & Developer Share Scope On Sales & Marketing, Design, Construction & Compliance
OUR OFFERINGS
Unlocking Value From Land To Affordable Homes By Institutionalizing Joint Developments
PROJECTS
| Project Overview | Residential Project on 5 Acres Land with 458 Units (1BHK & 2 BHK) |
| Units per Floor | 4/8 Units Per Floor |
| Project positioning | Sustainable Affordable Smart Housing |
| Launch and schedule for completion | Jan 2020 – Mar 2026 |
| Project amenities |
|
| Project Success Factors |
|
| Project Overview | Residential Project on 5 Acres Land with 600 Units (1BHK & 2 BHK) |
| Units per Floor | 4/8 Units Per Floor |
| Project positioning | Sustainable Affordable Smart Housing |
| Launch and schedule for completion | Jan-2020 – Jul-2023 |
| Project amenities |
|
| Project Success Factors |
|
| Project Overview | Residential affordable housing project located in GB Road, Thane with latest |
| Units per Floor | Floor plan is under conceptual stage. |
| Project positioning |
|
| Launch and schedule for completion | Phase I : Jan 20 – Dec 22 Phase II : Mar 22 – Sep 24 Phase III : Apr 24 – Dec 26 |
| Project Overview | 760+ apartments of Smart 1BHK /1BHK, 2BHK & 3 BHK | 80 % of open space for Active Living | G+4 & G+7 Buildings |
| Units per Floor | G+7 – 6 units (g+1) & 8 units (g+2-g+7) |
| Project positioning | Luxury apartments at low cast for affordable housing segment |
| Launch and schedule for completion | Jan-2020 – Dec-2024 |
| Project amenities |
|
| Project Success Factors |
|
| Project Overview | Residential Project on 3 Acres Land with 450 Units (1 RK, 1BHK & 2 BHK) |
| Units per Floor | 6 units /floor |
| Project positioning | Low cost mass housing |
| Launch and schedule for completion | Jan-2020 –Mar-2026 |
| Project amenities |
|
| Project Success Factors |
|
TEAM
DEEP SEN
CEO & Co Founder,
Board Of Director
GANESH SHANKAR
Fund Raise, Board Of Director
BOARD OF DIRECTORS & SEED INVESTORS
BIJOY MOHAN
Seed Investor &
Board Of Director
Singapore
MARK MURPHY
Seed Investor
Greensboro, NC
PARTHO SANYAL
Seed Investor &
Investment Committee
New York
KA CHANG
Board Of Director
Singapore
KOTARO TAMURA
Seed Investor
Singapore
RICHARD GAUGHAN
Board Of Director
Bangkok
HUGO WALKINSHAW
Board Of Director
Singapore
VISHAL THAPLIYAL
Seed Investor
Singapore
PARTNER WITH US
Funding Criteria
Funding Available Upto Rs.14 crs
Matching Contribution in Cash, Approvals & Land by Developer
Project Preferred Criteria
PMAY Compliant Project
Plot size upto 5 acres
Proximate to City Center (1 hour)
Sales Price to be above Rs 3,500/Sq. Ft.