The International Finance Corporation invests Rs 420 crore in Birla Estates' Thane and Pune projects, grabbing a 44% stake in SPVs to build 9.5 million sq ft of eco-friendly homes. This move targets first-time buyers in Thane, boosts jobs, and pushes sustainable urban growth amid India's housing crunch. A game-changer for affordable, green living.
IFC lends $85mn to Dewan Housing for affordable, energy-efficient homes in India