Company lists
The India edition · 2026

Affordable housingcompanies in India

Housing finance, developers, modular, rentals & coliving, listed and more: the companies building affordable housing in India, with their founders, funding, team size and business models.

214 company profiles52 with reported revenue11 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent affordable housing business events in India

Funding, M&A, contract wins and launches involving 324 affordable housing companies in India, last 24 months: 6 funding rounds · 6 Contracts · 4 M&A deals. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

Funding

Anant Raj

Anant Raj Limited (ARL) has entered into a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC), Government of Haryana, to invest approximately Rs…

Digital Infrastructure
ContractInfrastructure

Anant Raj · client: Haryana government

In a statement on Monday, Anant Raj said it has signed a Memorandum of Understanding (MoU) with the Haryana government to invest ₹20,000 crore in the development of large-scale data…

Data centre infrastructure
Funding

Modulus Housing

Modulus Housing has raised funding in a round led by Kalaari Capital, while media agency OG Media 360 has...

Investors Kalaari capital
Cloud-based modular infrastructure platform
M&AAcquisition · Announced

BCP Asia II Holdco VII Pte Ltd acquires Aadhar housing finance

The Competition Commission of India (CCI) approved investment firm Blackstone's arm's proposal to acquire up to 80.15 per cent stake in Aadhar Housing Finance Ltd.

Housing Finance
M&AAcquisition · Completed

Piramal finance acquires Dewan housing finance

and spearheaded its ₹34,250 crore ($4.1 billion) acquisition of Dewan Housing Finance Corp, the largest financial services resolution under India’s bankruptcy code.

Finance
M&AAcquisition · Announced

Skybridge acquires India home loan ltd

Investment firm Skybridge Ventures LLP on Saturday said it has acquired a 24.5 per cent stake in India Home Loan Ltd through an off-market transaction.

Home Loan
ContractService

CSC Data Services India · client: Anant Raj

Anant Raj share price rallied over 3% in early trade on Tuesday after the company signed an agreement with CSC Data Services India (CDSIL) for promoting different products.

M&AAcquisition · Completed

Elpro International acquires Can fin homes

Elpro International Limited has announced the acquisition of 1,44,910 equity shares in Can Fin Homes Limited for a total cash consideration of ₹10.01 crore.

Housing Finance
ContractService

Zaggle Prepaid Ocean Services · client: Can fin homes

Recent developments at Zaggle Prepaid include a November 2024 agreement with Can Fin Homes to enhance expense management capabilities, highlighting its commitment to expanding service…

ContractInfrastructure

B L Kashyap & Sons Ltd. · client: Anant Raj

Mr. Vineet Kashyap, Managing Director, B L Kashyap & Sons Ltd. said, “This new order from Anant Raj Limited reflects our continued commitment to delivering high-quality and structurally…

EPC

Affordable housing companies in India, by revenue

Browse affordable housing companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 52 affordable housing companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Diversified lending NBFI

Consumer and sme loans
₹3,524.69 crFY 2023-24
+28%2023–2024
1+18% 12 mo to Sep 2024LinkedIn · Oct 2026
39 yr1987
0none in 3 months · last posted Jun 2026

Loans for affordable housing in tier 2,3 and 4 cities

Consumer and sme loans
₹2,586.98 crFY 2023-24
+27%2023–2024
6,006+12% 12 mo to Jul 2024LinkedIn · Oct 2026
16 yr2010
2postings · last posted Sep 2026

Provider of affordable housing finance services

Consumer and sme loans
₹1,720.76 crFY 2024-25
+12%2024–2025
117+20% 12 mo to Sep 2024LinkedIn · Oct 2026
26 yr2000
0none in 3 months · last posted Jun 2026

Home loans in semi urban and rural areas

Consumer and sme loans
₹1,600.15 crFY 2024-25
+24%2024–2025
338-64% vs previous recordLinkedIn · Jul 2026
19 yr2007
0none in 3 months

Offers real estate and infrastructure development services focused on commercial and residential projects

Real estate & infrastructure developers
₹1,520.74 crFY 2023-24
Not reported
180+8% 12 mo to May 2024LinkedIn · Oct 2026
57 yr1969
0none in 3 months

Provider of loans for affordable housing

Consumer and sme loans
₹1,416.84 crFY 2023-24
+25%2023–2024
1,284+21% 12 mo to Mar 2024LinkedIn · Oct 2026
17 yr2009
0none in 3 months · last posted Jul 2026

Provider of affordable housing loans

Consumer and sme loans
₹1,196.70 crFY 2024-25
-8%2024–2025
3,969-35% 12 mo to Sep 2024LinkedIn · Oct 2026
19 yr2007
0none in 3 months · last posted Jul 2026

Provider of affordable financial services

Consumer and sme loans
₹1,069.68 crFY 2023-24
-5%2023–2024
570+3% 12 mo to Aug 2024LinkedIn · Oct 2026
37 yr1989
0none in 3 months · last posted Jul 2026

Provider of affordable housing finance solutions

Consumer and sme loans
₹824.11 crFY 2024-25
+34%2024–2025
3,235+22% 12 mo to Sep 2024LinkedIn · Oct 2026
16 yr2010
0none in 3 months

Developer of residential and commercial real estate properties

Real estate & infrastructure developers
₹503.61 crFY 2024-25
-2%2024–2025
77-50% 12 mo to Feb 2024LinkedIn · Oct 2026
27 yr1999
0none in 3 months · last posted May 2026

Housing finance with focus on semi-urban areas

Consumer and sme loans
₹416.85 crFY 2023-24
+72%2023–2024
1,428+79% 12 mo to Aug 2024LinkedIn · Oct 2026
10 yr2016
0none in 3 months · last posted May 2026

Developer of residential properties, focusing on aspirational home ownership

Affordable housing
₹377.51 crFY 2024-25
-28%2024–2025
344+19% 12 mo to Sep 2024LinkedIn · Oct 2026
18 yr2008
0none in 3 months · last posted May 2026

Provider of construction services for residential, commercial, and infrastructure projects.

Affordable housing
₹311.55 crFY 2024-25
+43%2024–2025
146+43% vs previous recordLinkedIn · Jul 2026
19 yr2007
0none in 3 months

Housing Loans

Consumer and sme loans
₹296.00 crFY 2024-25
+34%2024–2025
1,011+32% 12 mo to Jul 2024LinkedIn · Oct 2026
14 yr2012
0none in 3 months

Developer of residential properties, offering homes and community living spaces

Real estate & infrastructure developers
₹213.61 crFY 2024-25
-15%2024–2025
388LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Jun 2026

Provider of inexpensive home-focused real estate fund services

Affordable housing
₹197.38 crFY 2023-24
+44%2023–2024
70+3% 12 mo to Aug 2024LinkedIn · Oct 2026
11 yr2015
0none in 3 months

Provider of home loans and financial services

Consumer and sme loans
₹111.70 crFY 2024-25
+42%2024–2025
388+33% 12 mo to Sep 2024LinkedIn · Oct 2026
12 yr2014
1postings · last posted Sep 2026

Developer of affordable houses

Affordable housing
₹90.00 crFY 2024-25
+63%2024–2025
—Not available
36 yr1990
0none in 3 months

Home loans provider

Consumer and sme loans
₹73.14 crFY 2024-25
+8%2024–2025
482+52% 12 mo to Aug 2024LinkedIn · Oct 2026
13 yr2013
0none in 3 months

Operator of alternative housing formats, providing long-term accommodation and related services

Residential real estate tech
₹66.59 crFY 2024-25
+16%2024–2025
84+120% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Developer of residential real estate projects

Real estate & infrastructure developers
₹53.98 crFY 2024-25
-43%2024–2025
239-8% 12 mo to Mar 2024LinkedIn · Oct 2026
17 yr2009
1postings · last posted Sep 2026

Developer of residential properties

Affordable housing
₹53.26 crFY 2024-25
+167%2024–2025
137-21% 12 mo to May 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months · last posted Apr 2026

Developer of affordable houses

Affordable housing
₹46.81 crFY 2021-22
Not reported
65LinkedIn · Jul 2026
22 yr2004
—No postings tracked

Developer of affordable housing

Affordable housing
₹44.55 crFY 2024-25
+29%2024–2025
27LinkedIn · Jul 2026
12 yr2014
1postings · last posted Sep 2026

Real estate company developing residential and commercial properties

Services for investment industry
₹36.93 crFY 2024-25
+511%2024–2025
102LinkedIn · Jul 2026
16 yr2010
0none in 3 months
50 of 214 companies shown here · the full list is on Radar
Fliar Radar

Explore all 214 affordable housing companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open affordable housing in India on Radar
  • Every company, not just 50All 214 affordable housing companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore affordable housing companies in India by what you are looking for

Browse top affordable housing companies in India, including housing developers, affordable housing finance companies and modular construction firms. See affordable housing startups in India and listed companies too.

7 ways to explore affordable housing in India

Affordable housing finance & loan companiesAffordable housing developers & buildersModular & low-cost construction companiesRental, coliving & property management servicesListed affordable housing companies in IndiaAffordable housing startups in India

Affordable housing finance & loan companies

Lenders offering home loans for affordable and low-income housing.

  1. Can Fin Homes

    Diversified lending NBFI

    Consumer and sme loans
    See in list
  2. Aadhar Housing Finance

    Loans for affordable housing in tier 2,3 and 4 cities

    Consumer and sme loans
    See in list
  3. Repco Home

    Provider of affordable housing finance services

    Consumer and sme loans
    See in list
  4. MRHMFL

    Home loans in semi urban and rural areas

    Consumer and sme loans
    See in list
  5. GIC Housing Finance

    Provider of affordable financial services

    Consumer and sme loans
    See in list

Affordable housing developers & builders

Developers of low-cost residential projects and apartments.

  1. Anant Raj Group

    Offers real estate and infrastructure development services focused on commercial and residential projects

    Real estate & infrastructure developers
    See in list
  2. Provident Housing

    Developer of residential properties, focusing on aspirational home ownership

    Affordable housing
    See in list
  3. Sowparnika

    Developer of residential properties, offering homes and community living spaces

    Real estate & infrastructure developers
    See in list
  4. Modi Properties

    Real estate company focused on developing affordable homes and brokerage services

    Affordable housing
    Website
  5. Sri Lakshmi Homes

    Developer of affordable houses

    Affordable housing
    See in list

Modular & low-cost construction companies

Prefab, modular and precast construction for low-cost homes.

  1. Modulus Housing

    Manufacturer of modular, portable, and reusable infrastructure for various sectors

    Affordable housing
    See in list
  2. Axis Concept

    Developer of modular shelters

    Construction tech
    See in list
  3. Harshitha Engineering

    Manufacturer of PUF insulated panels, portable cabins, and prefabricated structures

    Affordable housing
    See in list
  4. Eco Wooden Homes

    Provider of wood housing services

    Affordable housing
    See in list
  5. Schnelle

    Manufacturer of modular prefab spaces for various applications

    Construction tech
    Website

Rental, coliving & property management services

Companies offering rent-to-buy, coliving and property management for affordable homes.

  1. Curated Living Solutions

    Operator of alternative housing formats, providing long-term accommodation and related services

    Residential real estate tech
    See in list
  2. Ascon Infrastructure

    Developer of residential and commercial real estate projects

    Real estate brokers
    See in list
  3. RoomYari

    Provider of affordable house on rent

    Affordable housing
    Website
  4. Renabode

    Developer of a rent-to-own ecosystem converting rental expenses into investment

    Affordable housing
    Website
  5. Larisa Realtech

    Provider of property management services to affordable housing societies

    Affordable housing
    See in list

Listed affordable housing companies in India

Publicly listed affordable housing companies.

  1. Can Fin Homes

    Diversified lending NBFI

    Consumer and sme loans
    See in list
  2. Aadhar Housing Finance

    Loans for affordable housing in tier 2,3 and 4 cities

    Consumer and sme loans
    See in list
  3. Repco Home

    Provider of affordable housing finance services

    Consumer and sme loans
    See in list
  4. Anant Raj Group

    Offers real estate and infrastructure development services focused on commercial and residential projects

    Real estate & infrastructure developers
    See in list
  5. GIC Housing Finance

    Provider of affordable financial services

    Consumer and sme loans
    See in list
9 companies in India

Affordable housing startups in India

Newer affordable housing companies founded in recent years.

  1. ModCave Shelter Tech

    Provider of prefabricated structures including modular homes, offices, kiosks, and toilet facilities

    Affordable housing
    Website
  2. Weaver

    Provider of affordable housing finance, specializing in low-cost housing solutions

    Affordable housing
    Website
  3. Spreefab

    SPREEFAB DESIGN

    Affordable housing
    Website
  4. RoomYari

    Provider of affordable house on rent

    Affordable housing
    Website
  5. Planetzero

    Developer of prefabricated shelter systems designed for energy efficiency and resilience

    Affordable housing
    Website
25 companies in India

Affordable housing companies hiring in India

Affordable housing companies currently hiring.

  1. Can Fin Homes

    Diversified lending NBFI

    Consumer and sme loans
    See in list
  2. Aadhar Housing Finance

    Loans for affordable housing in tier 2,3 and 4 cities

    Consumer and sme loans
    See in list
  3. Repco Home

    Provider of affordable housing finance services

    Consumer and sme loans
    See in list
  4. GIC Housing Finance

    Provider of affordable financial services

    Consumer and sme loans
    See in list
  5. Arihant Superstructures

    Developer of residential and commercial real estate properties

    Real estate & infrastructure developers
    See in list
14 companies in India
Mobile reach

Top 10 affordable housing apps from India

The most-installed Android apps published by affordable housing companies headquartered in India — 602K installs between them. 10 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
4

ShubhFTR

by Shubham

Installs30K
Rating—
Last updatedDec 2025
View on Google Play ↗
ShubhFTR screenshot 1ShubhFTR screenshot 2ShubhFTR screenshot 3
6

AVIOM SHAKTI

by Aviom

Installs5K
Rating—
Last updatedMar 2024
View on Google Play ↗
AVIOM SHAKTI screenshot 1AVIOM SHAKTI screenshot 2AVIOM SHAKTI screenshot 3AVIOM SHAKTI screenshot 4AVIOM SHAKTI screenshot 5AVIOM SHAKTI screenshot 6
8

RoomYari

by RoomYari

Installs183
Rating—
Last updatedSep 2024
View on Google Play ↗
RoomYari screenshot 1RoomYari screenshot 2RoomYari screenshot 3RoomYari screenshot 4RoomYari screenshot 5RoomYari screenshot 6
The business behind the activity

Affordable housing financials in India

Revenue, profit and growth from the filed annual accounts of 46 affordable housing companies in India for FY24-25 — 57 of the 214 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 74% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹8,039.04 cr

46 companies filing accounts

combined net profit₹758.63 cr

9.4% aggregate margin

are profitable78%

35 of 46 companies

median revenue~₹21.8 cr

the typical company

median revenue growth+11%

into FY24-25

earned by the top five74%

revenue concentration

Six-year view

Combined revenue of filing companies

₹7,757.77 crFY19-2041 filers
₹5,350.53 crFY20-2144 filers
₹7,288.88 crFY21-2246 filers
₹10,877.68 crFY22-2349 filers
₹10,652.04 crFY23-2447 filers
₹8,039.04 crFY24-2546 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 42 companies over three years

+40%
FY22-23₹5,731.05 cr₹672.09 cr net
FY23-24₹6,490.41 cr₹822.43 cr net
FY24-25₹8,014.68 cr₹763.98 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr520% profitable
₹1–10 cr989% profitable
₹10–100 cr2186% profitable
₹100–1,000 cr875% profitable
Over ₹1,000 cr367% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking15
0–20%10
20–50%11
50–100%3
Doubled+4

43 companies with accounts for both years; median growth +11%.

Profitability

Profit is concentrated at the top

35profitable
10loss-making
9.4%aggregate margin
3.7%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Pyramid InfratechPYRAMID INFRATECH PRIVATE LIMITED+926%₹885.10 cr
ETH InfraETH INFRA PRIVATE LIMITED+511%₹36.93 cr
Springwoods CityAMBITION COLONISERS PRIVATE LIMITED
Sri Lakshmi HomesSRI LAKSHMI HOMES PRIVATE LIMITED+63%₹90.00 cr
MehakinfrastructureMEHAK INFRASTRUCTURE PRIVATE LIMITED
Anant Raj GroupANANT RAJ LIMITED+45%₹1,301.80 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Modi PropertiesMODI PROPERTIES PRIVATE LIMITED
Repco HomeREPCO HOME FINANCE LIMITED25.5%₹1,724.55 cr
Driving Mobile Innovation IndiaDMI HOUSING FINANCE PRIVATE LIMITED24.0%₹296.00 cr
ShubhamSHUBHAM HOUSING DEVELOPMENT FINANCE COMPANY LIMITED21.3%₹824.11 cr
Anant Raj GroupANANT RAJ LIMITED16.8%₹1,301.80 cr
Arihant SuperstructuresARIHANT SUPERSTRUCTURES LIMITED15.7%₹123.72 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Consumer and sme loans10₹4,245.83 cr~₹92.4 cr89%11.1%
Real estate & infrastructure developers6₹2,526.05 cr~₹168.7 cr50%11.8%
Affordable housing28₹1,189.67 cr~₹19.7 cr82%0.2%
Leaders

Largest affordable housing companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Repco HomeREPCO HOME FINANCE LIMITED₹1,724.55 cr₹439.44 cr25.5%+12%
Anant Raj GroupANANT RAJ LIMITED₹1,301.80 cr₹219.16 cr16.8%+45%
Mahindra home financeMAHINDRA RURAL HOUSING FINANCE LIMITED₹1,196.70 cr−₹227.94 cr-19.0%-8%
Pyramid InfratechPYRAMID INFRATECH PRIVATE LIMITED₹885.10 cr₹80.55 cr
ShubhamSHUBHAM HOUSING DEVELOPMENT FINANCE COMPANY LIMITED₹824.11 cr₹175.29 cr21.3%+34%
Provident HousingPROVIDENT HOUSING LIMITED₹377.51 cr−₹33.95 cr-9.0%-28%
HombaleHOMBALE CONSTRUCTIONS AND ESTATES PRIVATE LIMITED₹311.55 cr₹13.74 cr4.4%+43%
Driving Mobile Innovation IndiaDMI HOUSING FINANCE PRIVATE LIMITED₹296.00 cr₹71.12 cr24.0%+34%
SowparnikaSOWPARNIKA PROJECTS AND INFRASTRUCTURE PRIVATE LIMITED₹213.61 cr−₹9.09 cr-4.3%-15%
Arihant SuperstructuresARIHANT SUPERSTRUCTURES LIMITED₹123.72 cr₹19.48 cr15.7%+4%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full affordable housing landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the affordable housing landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Affordable housing funding and M&A across India

42 recorded equity rounds have gone to 324 affordable housing companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months3

US$83.07m

raised over five yearsUS$399.61m

10 rounds in India

M&A deals, India4

last 24 months

Capital by year

Equity funding into affordable housing in India

amount rounds
$75m20185
$133m20193
$3.7m20201
$11m20211
$112m20221
$45m20232
$196m20244
$36m20252

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$196.06m across 4 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

SeedUS$598k1 rounds · median US$598k
Series AUS$22.84m2 rounds · median US$11.42m
Series BUS$28.00m1 rounds · median US$28.00m
Series CUS$10.71m1 rounds · median US$10.71m
Series D+US$189.24m3 rounds · median US$47.24m
Private equityUS$148.22m2 rounds · median US$74.11m
Where the money went · five years

Most-funded sub-sectors

Consumer and sme loansUS$238.15m6 rounds · 3 companies
Affordable housingUS$146.45m3 rounds · 2 companies
Alternative lendingUS$15.01m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

4Acquisition

Most active acquirers

  1. BCP Asia II Holdco VII Pte Ltd1
  2. Piramal finance1
  3. Skybridge1
  4. Elpro International1

Most acquired or merged

  1. Aadhar housing finance1
  2. Dewan housing finance1
  3. India home loan ltd1
  4. Can fin homes1

Each deal appears in the events strip at the top of the page.

Affordable housing funding in India

11 affordable housing companies in India have recorded equity funding, US$870.09m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind affordable housing companies in India. 43 of 214 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India affordable housing companies by sub-sector

The most common specialisations among affordable housing companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring affordable housing in India and nearby markets.

Coming soon