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Any new affordable projects coming up ?

Q: I heard that some realty firms with the help of ECBs are launching affordable projects. I need their details.

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Replies (3)
1
Currently, only four developers have applied for raising $100 million ECBs. NHB believes that more developers will follow ECB route after the extension of deadline. Private developers have enough time to mobilise resources which promises a better response this time.
Srishti


2
Mantri Realty is looking to borrow ECB for its low cost housing project in Gwalior with total 1,200 flats of 60 square metres each priced at Rs 2,000 per sq ft.
Anup Goyal


3
VBHC is constructing 18,500 new flats in the affordable category in suburbs of Delhi, Chennai and Bangalore for which it is funding through ECBs. Provident is looking at ECBs to develop around 1.5 to 2 million sq ft in low-cost housing projects in Hyderabad and Vizag
Shivshankar


4

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