Our partnership with Janaadhar targets India’s affordable housing deficit of 11 million houses, translating as a market of 50 million unserved people in need of quality affordable homes. Janaadhar plans to introduce precast technology, which will allow for lower costs, higher quality construction with greater efficiency. This will be the first time this technology has been used for affordable homes in India. To date, Janaadhar has successfully delivered 1,500 homes across Karnataka and Gujarat.
Potential to change thousands of lives
Emma Ahmed, Reall’s Head of Operations in Asia, said: “Reall is excited to be partnering with Janaadhar, a socially-minded developer with a strong track record in pioneering the delivery of quality, affordable housing for customers on a low income across India. This partnership has the potential to change thousands of lives for the better. Together, through Janaadhar’s market leadership and Reall’s breadth of experience, we have the opportunity to transform the affordable housing eco-system in India. Reall’s mission is to demonstrate that affordable housing is both a social necessity and a commercial opportunity.”