MUMBAI (CU)_In June 2015, the Indian government launched the “Housing for All by 2022” programme with the aim of providing permanent housing for all homeless households and those living in temporary and dilapidated houses in rural areas. Under the initiative, the government is expected to spend an estimated US$31 billion for the construction of 20 million urban and rural homes.
Moreover, the project will also support the Housing Development Finance Corporation (HDFC), India’s largest mortgage financier, in gradually expanding its green housing portfolio. Accordingly, the organisation is set to receive a debt investment of up to…