IFC to invest on affordable housing
The International Finance Corporation (IFC) for the first time in India has taken a giant step investing on affordable housing. The affordable housing will range from Rs 5 to 7 lakhs.
International Finance Corporation experts say that they have a clear cut vision in supporting mass housing and truly affordable housing.
These housing sectors will be built with a basis comprising of green building initiatives like; resources-efficient structures, environment-friendly and solar energy.
IFC also has plans of collaborating with private sector players and multiple realty agencies at various level of skill upgrading and financing and regulatory.
Source: The Hindu
Affordable Housing, Environment-friendly, Financing and regulatory, Green building initiatives, Housing sectors, India, International Finance Corporation (IFC), Mass housing, Private sector players, Realty agencies, Resources-efficient structures, Skill upgrading, Solar energy
