Radar Companies Affordable Housing · India
Radar · Affordable Housing in India

Best Affordable Housing Companies in India

The 84 best Affordable Housing companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Deewan Housing Finance Corporation.

84companies tracked
$6Bdisclosed funding
0unicorns
19have raised
Sources & further reading
  • Agencies release 2019 Hawaii Housing Planning Study

Ranked: Best Affordable Housing companies in India

#CompanyRevenueDisclosed fundingRevenue YoYEmployeesTech stackWeb popularityMarket signals (1y)Recent signals
1Can Fin Homes
Diversified lending NBFI
$426M
FY2024
+28%1,110PHPDebianHandlebars+17Top 500k10 signals ▼67%
Earnings · Announcements
2Aadhar Housing Finance
Loans for affordable housing in tier 2,3 and 4 cities
$313M
FY2024
$608M+27%4,095
4,095 → 5,796 (+42%) · sector median +0%
TypeScriptQuillChart.js+23Top 500k7 signals ▼74%
M&A · Earnings · IPO
5 job openings
3GRUH Finance
Provider of affordable home Loans
$290M
FY2019
+20%501
4Anant Raj Group
Offers real estate and infrastructure development services focused on commercial and residential projects
$248M
FY2025
+38%172
172 → 171 (-1%) · sector median +0%
Node.jsUbuntuTailwind CSS+14Top 5M29 signals ▼15%
Earnings · Announcements · Regulatory
5Repco Home
Provider of affordable housing finance services
$204M
FY2025
$118M+12%1,149Node.jsTailwind CSSFlowbite+17Top 1M1 job opening
6Aptus Value Housing Finance India
Provider of loans for affordable housing
$171M
FY2024
$188M+25%2,918WordPress Block EditorwpBakeryWordPress+39Top 1M4 signals ▼78%
Earnings · IPO · Announcements
4 job openings
7Mahindra home finance
Provider of affordable housing loans
$142M
FY2025
$25M-8%6,552
6,552 → 3,957 (-40%) · sector median +0%
WordPressMySQLPHP+33Top 5M1 expansion
8GIC Housing Finance
Provider of affordable financial services
$129M
FY2024
-5%348
348 → 559 (+61%) · sector median +0%
WordPressMySQLPHP+24Top 1M2 expansions
9Shubham
Provider of affordable housing finance solutions
80Product top 22%Funding top 24%Moat top 24%Innovation top 25%
All 11 signals ▾
Producttop 22%
Fundingtop 24%
Moattop 24%
Innovationtop 25%
Markettop 29%
Fin. healthtop 31%
Growthtop 34%
Techtop 40%
Newstop 42%
Talentbottom 49%
Globalbottom 39%
Product: 10 distinct product lines · 4 published apps (54.4k installs)
Funding: Raised $190M across 6 rounds · 6 rounds over 16 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 80/100
$97M
FY2025
$190M+34%3,387
3,387 → 3,106 (-8%) · sector median +0%
Node.jsTailwind CSSReact+10Top 5M3 signals ▲50%
Funding
1 partnership
10Arihant Superstructures
Developer of residential and commercial real estate properties
$60M
FY2025
$8M-2%22PHPThree.jsGSAP+13Top 10M
11Aviom
Housing finance with focus on semi-urban areas
$50M
FY2024
$52M+72%6,343ZingChartBootstrapLiteSpeed+10Top 5M
12Provident Housing
Developer of residential properties, focusing on aspirational home ownership
$45M
FY2025
$138M-28%426
426 → 357 (-16%) · sector median +0%
WordPressMySQLPHP+25Top 500k
13Hombale
Provider of construction services for residential, commercial, and infrastructure projects.
$37M
FY2025
+43%93WordPressMySQLPHP+16Top 10M
14Driving Mobile Innovation India
Housing Loans
$35M
FY2025
+34%476WordPressMySQLPHP+21Top 5M
15HDFC Capital
Provider of inexpensive home-focused real estate fund services
$24M
FY2024
+44%35
35 → 74 (+111%) · sector median +0%
BootstrapSplidejQuery+5Top 10M1 partnership · 1 expansion
16Nivara Home Finance
Provider of home loans and financial services
$13M
FY2025
$10M+42%790WordPressMySQLPHP+27Top 5M4 job openings · 1 expansion
17Modi Properties
Real estate company focused on developing affordable homes and brokerage services
$12M
FY2021
$12M75WordPressMySQLNode.js+18Top 5M
18ART Housing Finance
Home loans provider
$9M
FY2025
+8%467
467 → 478 (+2%) · sector median +0%
19Curated Living Solutions
Operator of alternative housing formats, providing long-term accommodation and related services
$8M
FY2025
+16%119
119 → 84 (-29%) · sector median +0%
WordPressMySQLPHP+18Top 50M1 partnership
20ACME Star Housing Finance
Provider of home loans
$7M
FY2024
+65%66
21VBHC
Developer of residential real estate projects
$6M
FY2025
$135M-43%94
94 → 231 (+146%) · sector median +0%
WordPressMySQLPHP+25Top 500k
22Janaadhar
Developer of residential properties
$6M
FY2025
$12M+167%175
175 → 137 (-22%) · sector median +0%
Three.jsYouTubeBootstrap+16Top 10M
23Diya GreenCity
Developer of affordable housing
$5M
FY2025
+29%Apple iCloud MailGoogle WorkspacePHP+10Top 5M
24ETH Infra
Real estate company developing residential and commercial properties
$4M
FY2025
+511%WordPressMySQLPHP+32Top 5M
25Art Nirman
Developer of residential and commercial real estate projects and land development
$3M
FY2025
-20%18WordPressMySQLPHP+16Top 50M
26Modulus Housing
Manufacturer of modular, portable, and reusable infrastructure for various sectors
40News top 34%Moat top 37%Innovation top 38%Talent top 38%
All 11 signals ▾
Newstop 34%
Moattop 37%
Innovationtop 38%
Talenttop 38%
Producttop 41%
Fundingtop 45%
Growthbottom 49%
Marketbottom 46%
Techbottom 46%
Globalbottom 37%
Fin. healthbottom 22%
News: 4 BI events in 12 mo (of 5 tracked, 1 types) · +300% YoY
Moat: Top 24% by revenue among 55 tracked Affordable Housing companies · Editorial + unicorn rating 5/10
rank vs industry peers · Fliar Intelligence Index 40/100
$3M
FY2025
$8M-50%67
67 → 82 (+22%) · sector median +0%
WebflowHubSpot ChatHubSpot+16Top 10M4 signals ▲300%
Funding
2 job openings
27Bharat Housing Network
Platform facilitating co-lending between institutions and affordable housing finance companies
$3M
FY2025
$15M+42%73
28Khfl
Provider of affordable home Loans
$2M
FY2025
-12%59WordPressMySQLPHP+12Top 50M
29Harshitha Engineering
Manufacturer of PUF insulated panels, portable cabins, and prefabricated structures
$2M
FY2025
-19%23
30India Home Loan
Offers affordable home loan and loan against property
$2M
FY2025
+13%44PleskWindows ServerAnimate.css+10Top 50M
31Swarna Pragati
Provider of micro-mortgage loans
$1M
FY2024
$21M-3%246PHPRaphaelanime.js+12Top 50M
32Engko Engineering
Manufacturer of pre fabricated structures, insulated sandwich panels, and pre engineered buildings
$1M
FY2025
+1196%
33Absea Container
Manufacturer of portable cabins, modular containers, prefabricated shelters, and cold rooms
$943K
FY2025
+11%
34Breez Builders
Developer of residential and commercial properties, offering construction and real estate services.
$293K
FY2025
-67%PHPBootstrapApache HTTP Server+11Top 10M
35Anand Housing Finance
Provider of affordable houses and home loan services
$270K
FY2025
+3%18Animate.cssBootstrapLiteSpeed+10Top 50M
36Ladam Affordable Housing
Developer of affordable homes
$160K
FY2023
28
37Eco Wooden Homes
Provider of wood housing services
$132K
FY2025
-32%BootstrapApache HTTP ServerHammer.js+5Top 50M
38Weaver
Provider of affordable housing finance, specializing in low-cost housing solutions
13Funding top 18%Talent top 28%Global bottom 45%Tech bottom 41%
All 6 signals ▾
Fundingtop 18%
Talenttop 28%
Globalbottom 45%
Techbottom 41%
Fin. healthbottom 13%
Marketbottom 8%
Funding: Raised $326M across 2 rounds · 2 rounds over 1 yrs (2.0/yr)
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 13/100
$12K
FY2025
$326MRadix UITailwind CSSshadcn/ui+8Top 50M
39Brick Eagle
Real estate capital investment company focused on affordable housing projects
$116
FY2018
-99%9
40Deewan Housing Finance Corporation
Provider of diversified financial services
$4.1B5,953

Top 12 Affordable Housing companies in India

#1
Late Stage · Mumbai, Maharashtra · founded 2025
$326Mraised

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

Fliar Intelligence Index™ 13how this company ranks against its industry peers
Funding
top 18%
Talent
top 28%
Global
bottom 45%
Tech
bottom 41%
Fin. health
bottom 13%
Market
bottom 8%
Funding: Raised $326M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Unattributed (Mar 2026)
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Global: Investors from 1 country beyond India
Audience (LinkedIn): 2k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · hiring: Company Secretary, Senior DevOps Engineer
Funding rounds
  • Mar 2026Unattributed$156M
  • Aug 2025Unattributed$170M
Founders & team
Kamal RathiCo-Founder & CTPOAnil KothuriCo-FounderSatrajit BhattacharyaCo-Founder
Investors
Lightspeed Venture Partners, Premji Invest, Gaja Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesGoogle WorkspaceHttp/3Open Graph
#2
Series E · Gurugram, Haryana · founded 2010 · 3387 employees
$189.6Mraised

Provider of affordable housing finance solutions. It provides happy homes for those who are outside the formal income circle. It help to fulfill their dreams through cost-effective housing finance solutions that align with needs and financial stability.

Fliar Intelligence Index™ 80how this company ranks against its industry peers
Product
top 22%
Funding
top 24%
Moat
top 24%
Innovation
top 25%
Market
top 29%
Fin. health
top 31%
Product: 10 distinct product lines · 4 published apps (54.4k installs) · Company stage: Series E
Funding: Raised $190M across 6 rounds · 6 rounds over 16 yrs (0.4/yr) · Last round Series E (Dec 2024)
Moat: Top 12% by revenue among 616 tracked Consumer and SME Loans companies · Editorial + unicorn rating 8/10 · Soonicorn
Audience (LinkedIn): 93k LinkedIn followers — 10.2% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. Zambia) announced in 12 mo
Funding rounds
  • Dec 2024Series E$47.2M
  • Jun 2022Series E$112M
  • Jan 2018Series D$47.8M
  • Aug 2014Series C$19.9M
Founders & team
Sanjay ChaturvediFounder & CEO
Investors
Premji Invest, Helion Venture Partners, Elevar Equity, British International Investment, LeapFrog Investments, Asian Development Bank
Tech stack
Animate.CssBootstrapCore-JsCrypto-JsEmotionFancybox
#3
Series A · Chennai, Tamil Nadu · founded 2015 · 67 employees
$8.4Mraised

Manufacturer of modular, portable, and reusable infrastructure for various sectors. The company reinvents the design and manufacturing of fundamental building blocks for diverse structures. It offers modular cabins, including portable hospitals, storage units, education infrastructure, offices, and homes. These structures cater to healthcare, agriculture, education, construction, hospitality, NGOs, CSR initiatives, and governmental needs. The company focuses on rapid construction, portability, reusability, and technology integration, providing custom-made, certified, and easily deployable solutions.

Fliar Intelligence Index™ 40how this company ranks against its industry peers
News
top 34%
Moat
top 37%
Innovation
top 38%
Talent
top 38%
Product
top 41%
Funding
top 45%
News: 4 BI events in 12 mo (of 5 tracked, 1 types) · +300% YoY · Top themes: Funding
Moat: Top 24% by revenue among 55 tracked Affordable Housing companies · Editorial + unicorn rating 5/10 · 9 curated direct competitors tracked
Innovation: 3 product lines
Audience (LinkedIn): 23k LinkedIn followers — 2.5% of this cohort's audience
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Shift Engineer, Production Engineer
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • May 2025Series A$7.8M
  • Sep 2024Seed$598.1K
  • Jun 2020Conventional Debt
  • 2018Seed
Founders & team
Gobinath PCo-Founder & COOShree RavichandranCo-Founder & CEO
Investors
RTBI, Wells Fargo, Enrission India Capital, Kalaari Capital, Hero MotoCorp, Sigma Ventures
Tech stack
CdnjsCloudflareGoogle AnalyticsGoogle Font ApiGoogle Hosted LibrariesJquery
#4
Series B · Bengaluru, Karnataka · founded 2014 · 790 employees
$10Mraised

Provider of home loans and financial services. It offers a range of financial products include Home Purchase, Construction, Home Improvement, Home Extension & Composite Home Loans and Loans Against Property.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers · 130 engagements/post (2.4× cohort median)
Hiring: 5 hiring posts in 12 mo (public) · momentum +3 · hiring: MIS Coordinator (Home Loan Operations), Area Operations Manager
Activity: 3 expansions announced in 12 mo
Funding rounds
  • Mar 2025Series B$28M
  • Mar 2024PE$10.2M
Founders & team
Monik KotichaCo-FounderC RaoCo-Founder & CEO & Managing DirectorSunil RohokaleCo-Founder
Investors
Baring Private Equity Partners, True North, ASK Group
Tech stack
Animate.CssApache Http ServerBootstrapBreadcrumb NavxtChart.JsCloudflare
#5
Late Stage · Bengaluru, Karnataka · founded 2008 · 426 employees
$138Mraised

Developer of residential properties, focusing on aspirational home ownership. The company develops large-scale residential communities. It caters to diverse residential needs, emphasizing value within the residential segment. A subsidiary of a real estate company, it has a portfolio of residential developments. Customer satisfaction guides design and handover, enhancing customer experience and lifestyle.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 25k LinkedIn followers — 2.8% of this cohort's audience
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Apr 2024PE$138M
Founders & team
Mallanna SasaluCEO
Investors
HDFC Capital
Tech stack
BootstrapBootstrap IconsCloudflareFacebook PixelFont AwesomeGoogle Analytics
#6
Acquired · Mumbai, Maharashtra · founded 1984 · 5953 employees
$4.1Braised

Provider of diversified financial services. It provides various home-related loans and MSME financing solutions. Its other offerings include deposit products, life & general insurance, and asset management services.

Funding rounds
  • Jan 2019Post IPO$194M
  • Nov 2018Conventional Debt$171.7M
  • Jun 2018Conventional Debt$1.6B
  • Apr 2018Conventional Debt$152.7M
Founders & team
Santosh SharmaCEO
Investors
IFC, Caledonia, GIC, Mirae Asset Venture, Oaktree Capital Management, WestBridge Capital
Tech stack
Node.JsReactNext.JsEmotionGoogle Tag ManagerHsts
#7
Series D · Delhi, Delhi · founded 2016 · 6343 employees
$51.6Mraised

Housing finance for semi-urban women, empowering homeownership and financial inclusion. The organization provides accessible housing loans to women in semi-urban areas, fostering financial independence and homeownership. It offers financial assistance for home improvement, renovation, extension, construction, and sanitation. The company focuses on borrowers with informal income, promoting women empowerment through its Shakti program, which incentivizes women agents for loan sourcing, creating sustainable livelihoods. It promises a hassle-free experience with trustworthy, simple, and transparent processes, ensuring quick turnaround and direct engagement. The organization works towards rural finance and sustainable communities.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 31k LinkedIn followers — 3.4% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Branchen Manager
Funding rounds
  • Jun 2024Conventional Debt$5M
  • Apr 2024Venture Debt$10M
  • Mar 2023Series D$30M
  • Oct 2021Series C$10.7M
Founders & team
Kajal IlmiFounder & CEO & Managing Director
Investors
Insitor Partners, Insitor, BlueOrchard, InsuResilience Investment Fund, BlackSoil, Nuveen
Tech stack
BootstrapFlickityGodaddyGoogle AnalyticsHttp/3Isotope
#8
Public · Mumbai, Maharashtra · founded 2010 · 4095 employees
$607.9Mraised

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

LinkedIn Pulse recent public activity · Jul 2026
Audience: 323k LinkedIn followers — 35.6% of this cohort's audience
Hiring: 5 hiring posts in 12 mo (public) · momentum +5 · hiring: Department - Sales State, Department - Finance State
Funding rounds
  • Apr 2022Conventional Debt
  • Jan 2019Conventional Debt$25.2M
Founders & team
Kapil WadhawanCo-FounderAruna Rajeshkumar WadhawanCo-FounderRishi AnandMD & CEO
Investors
National Housing Bank, IFC, ICICI Bank, Ramco Industries, Gowra Leasing & Finance, ING Vysya Bank
Tech stack
Amazon Web ServicesAngularjsApache Http ServerApexcharts.JsAxiosBootstrap
#9
Public · Chennai, Tamil Nadu · founded 2009 · 2918 employees
$188.5Mraised

Provider of loans for affordable housing. It was established mainly to meet the housing finance needs of independent contractors and low- and middle-income families, mostly from semi-urban and rural areas. The majority of India’s population and especially the self employed business segment from semi urban areas lack access to housing finance.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers
Hiring: 4 hiring posts in 12 mo (public) · momentum +4 · hiring: Branch Manager, Senior Manager – Treasury
Funding rounds
  • Sep 2019Series D$122.2M
  • Dec 2017Conventional Debt$31.2M
  • Sep 2016Series C$40.3M
  • Nov 2014Series B$16M
Founders & team
Munuswamy AnandanFounder & Managing Director
Investors
Franklin Templeton Investments, Granite Hill Capital Partners, M A Alagappan Holdings Private Limited, A R Chadha And Co India, WestBridge Capital, Steadview
Tech stack
Animate.CssApache Http ServerBackbone.JsBootstrapCdnjsCloudflare
#10
Series A · Bengaluru, Karnataka · founded 2018 · 73 employees
$15Mraised

Platform facilitating co-lending between institutions and affordable housing finance companies. It provides capital access, technology, and infrastructure for affordable housing finance institutions. The platform strengthens the affordable housing finance ecosystem by streamlining loan processes. It offers resources, technology, and infrastructure to deepen housing finance reach. The platform aims to enable financial inclusion and improve the quality of life.

Funding rounds
  • Nov 2023Series A$15M
Founders & team
Lalit MenghaniCo-FounderLalit MenghaniCo-Founder
Investors
NABVENTURES, 100Unicorns, Riverwalk Holdings, DMI Sparkle Fund, LC Nueva AIF, Varanium NexGen Fund
#11
Series D · Bengaluru, Karnataka · founded 2009 · 94 employees
$135.1Mraised

Developer of residential real estate projects

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers
Funding rounds
  • Jan 2018Series D
  • Jun 2015Series D$20M
  • May 2015Series D$35.9M
  • Mar 2014Series C$13.5M
Founders & team
Jaithirth RaoCo-Founder
Investors
HDFC, The Carlyle Group, Good Earth, Caspian, Sabre Partners, IFC
Tech stack
Apache Http ServerBootstrapBootstrap IconsCdnjsCloudflareCloudflare Bot Management
#12
Public · Chennai, Tamil Nadu · founded 2000 · 1149 employees
$118.1Mraised

Provider of affordable housing finance services. It provide various home loan products including conventional home loans and top-up loans, catering especially to low- and middle-income families for building, buying, repairing, or renovating homes. The customers can conveniently repay their loans online through platforms and offer multiple payment options such as debit/credit cards, net banking, UPI, and e-wallets with instant confirmation.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public)
Funding rounds
  • Feb 2018Post IPO$5.9M
  • Jun 2017Conventional Debt$42.3M
  • Sep 2015Post IPO$15M
  • Feb 2015Post IPO$16.2M
Investors
The Carlyle Group, Creador, IFC, Encourage Capital, Pabrai Investment Funds
Tech stack
Amazon S3Amazon Web ServicesAosFlowbiteFont AwesomeGoogle Analytics

Funding & investor landscape

$6Btotal disclosed funding
17companies funded
66disclosed rounds
0rounds last 90 days
Most active investors
IFC5 rounds
Caspian3 rounds
The Carlyle Group3 rounds
Asha2 rounds
Brand Capital2 rounds
GIC2 rounds
HDFC2 rounds
Kotak Mahindra Bank2 rounds
Premji Invest2 rounds
Sabre Partners2 rounds

Notable founders

Kamal Rathi
Co-Founder & CTPO · Weaver
Anil Kothuri
Co-Founder · Weaver
Sanjay Chaturvedi
Founder & CEO · Shubham
Gobinath P
Co-Founder & COO · Modulus Housing
Shree Ravichandran
Co-Founder & CEO · Modulus Housing
Monik Koticha
Co-Founder · Nivara Home Finance
C Rao
Co-Founder & CEO & Managing Director · Nivara Home Finance
Mallanna Sasalu
CEO · Provident Housing
Santosh Sharma
CEO · Deewan Housing Finance Corporation
Kajal Ilmi
Founder & CEO & Managing Director · Aviom
Kapil Wadhawan
Co-Founder · Aadhar Housing Finance
Aruna Rajeshkumar Wadhawan
Co-Founder · Aadhar Housing Finance
Prism market signals · India · country-scoped Prism corpus, 154,698 docs

Market landscape — 10 sub-themes by coverage

Share of Affordable Housing coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Affordable Housing companies are there in India?
Radar tracks 84 indexable Affordable Housing companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Affordable Housing companies in India?
The Affordable Housing companies in India on this list have raised a combined $6B in disclosed equity funding across 17 funded companies.
Which is the highest-funded Affordable Housing company in India?
Deewan Housing Finance Corporation is the highest-funded Affordable Housing company in India, with $4.1B in disclosed equity funding.
How many Affordable Housing companies in India are funded?
17 of the 84 Affordable Housing companies in India on this list have disclosed at least one equity funding round.
How many Affordable Housing unicorns are there in India?
None of the Affordable Housing companies in India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in India Affordable Housing companies?
The most active investors in India Affordable Housing companies on this list include IFC, Caspian, The Carlyle Group, Asha, Brand Capital.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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