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Aadhar Debt

Sector: Residential • Location: India

Source: International Finance Corporation (IFC)

Project
Active

The proposed IFC investment comprises an up to 7-year senior debt investment of up to US$90 million in Aadhar Housing Finance Limited (Aadhar). The proceeds will be utilized to extend financing to retail buyers of affordable/green affordable housing units. The Project is expected to provide counter-cyclical support for the housing needs of lower income groups, who have been severely impacted by th

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The project “Aadhar Debt” is an infrastructure initiative in the Residential sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

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active

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Description

Description

The proposed IFC investment comprises an up to 7-year senior debt investment of up to US$90 million in Aadhar Housing Finance Limited (Aadhar). The proceeds will be utilized to extend financing to retail buyers of affordable/green affordable housing units. The Project is expected to provide counter-cyclical support for the housing needs of lower income groups, who have been severely impacted by the disruptions caused by COVID-19, as well as support green housing, which is still underdeveloped in India, particularly in the affordable segment. Subject to internal approvals, the Project may receive support from the Market Accelerator for Green Construction (“MAGC”) Program as discussed in the Blended Finance Section.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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