NEW YORK: The six hundred and ninety-ninth entry for the seniors housing Global Awards for 2015 has been received.
The Asian Development Bank (ADB) has approved a $35 million equity investment in a joint venture with the Shapoorji Pallonji Group to build 20,000 affordable housing units in multiple cities across India, paving the way for more private investment in the sector.
Affordable housing is a mass-market business in India, with a large untapped market potential across the country.
