IIFL Home Finance, an organization targeted on the inexpensive housing phase, on Saturday (July 12, 2025) stated it has secured a $100 million (about Rs 858 crore) financing from the Asian Infrastructure Investment Bank (AIIB).
The partnership goals to considerably improve entry to inexpensive housing finance for economically weaker sections and decrease earnings teams (EWS/LIG), whereas additionally selling the adoption of inexperienced constructing requirements throughout the housing sector, the corporate stated in a launch.
On the demand facet, IIFL Home Finance Ltd (IIFL HFL) will prolong house loans to households, primarily from EWS and LIG segments, to buy or assemble their very own properties in city and semi-urban places.
On the availability facet, the discharge stated the corporate will finance inexpensive housing builders, with a targeted thrust on initiatives that combine inexperienced certification requirements, serving to scale back the environmental footprint and improve sustainability.
“This collaboration reinforces the company’s mission to provide accessible, responsible, and climate conscious housing finance,” it stated.
The proceeds from AIIB may even assist IIFL HFL’s inexperienced housing portfolio, furthering its dedication to sustainable city growth aligned with India’s local weather targets.
“The funding from AIIB marks a significant step in our journey to expand homeownership opportunities for underserved families across the country,” Monu Ratra, ED and CEO, IIFL HFL stated.
Gregory Liu, Director General of AIIB’s Financial Institutions and Funds Clients Department, Global stated that by partnering with IIFL HFL, AIIB helps advance India’s inexperienced constructing agenda whereas bridging the housing hole for low-income households in India.
The funding comes at a pivotal time, aligning with the continued implementation of Pradhan Mantri Awas Yojana Urban (PMAY-U 2.0), which seeks to handle city housing shortages throughout India, the discharge stated.
Operating via a large community of 376 branches throughout 18 states, IIFL HFL focuses on underserved and rising geographies, together with the suburbs of Tier 1 cities and Tier 2 to Tier 4 cities.
