Japanese-backed Satya MicroCapital to finance affordable housing
Real Estate

Japanese-backed Satya MicroCapital to finance affordable housing

Satya MicroCapital, backed by Japanese impact investor Gojo & Company Inc, has announced its entry in the affordable housing finance market through a soon to be launched subsidiary.

The New Delhi-based microlender is also extending capital of Rs 50 crore to its subsidiary and will raise an additional Rs 500-750 million capital in the current fiscal year.

"Post the successful acquisition and renaming of Baid Housing Finance, the NBFC-MFI intends to lay the foundation of its new arm which will integrally function in the Indian housing finance space. Satya MicroCapital plans to serve the need for affordable housing for its current customer base and to cater to the untapped affordable housing market across the country," a company statement said.

See also:
Centre to suspend new PMAY (Urban) projects for a year
ATS HomeKraft bags affordable housing award for Noida project

Satya MicroCapital, backed by Japanese impact investor Gojo & Company Inc, has announced its entry in the affordable housing finance market through a soon to be launched subsidiary. The New Delhi-based microlender is also extending capital of Rs 50 crore to its subsidiary and will raise an additional Rs 500-750 million capital in the current fiscal year. Post the successful acquisition and renaming of Baid Housing Finance, the NBFC-MFI intends to lay the foundation of its new arm which will integrally function in the Indian housing finance space. Satya MicroCapital plans to serve the need for affordable housing for its current customer base and to cater to the untapped affordable housing market across the country, a company statement said. See also: Centre to suspend new PMAY (Urban) projects for a yearATS HomeKraft bags affordable housing award for Noida project

Next Story
Technology

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?