WSB Real Estate Secures Rs.7 Bn for Mid-Income Housing

30 Jul 2024 CW Team

WSB Real Estate has successfully raised ?7 billion to fund mid-income and affordable housing projects. This significant investment marks a substantial step in the company's strategy to address the growing demand for affordable housing solutions in India.

The capital infusion comes at a time when there is increasing emphasis on providing affordable housing options to middle-income families. WSB Real Estate plans to use these funds to acquire and develop residential properties across various cities, focusing on creating cost-effective yet high-quality living spaces.

The company?s investment strategy aligns with the broader national goal of enhancing affordable housing availability, which has been a priority for both government and private sectors. By channelling this investment into the mid-income segment, WSB aims to bridge the gap between luxury housing and low-cost housing, catering to the needs of a significant segment of the population.

WSB Real Estate?s move is expected to stimulate growth in the real estate sector, create job opportunities, and contribute to the overall economic development. The funding will support the development of projects that adhere to modern construction practices and sustainability standards, ensuring that new housing developments meet high quality and environmental standards.

This initiative reflects a growing trend among real estate firms to invest in segments that cater to the needs of a larger demographic, thus playing a crucial role in shaping the future of urban living in India.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..