IIFL Home Finance Secures $100 Million Financing from AIIB to Boost Affordable Housing
IIFL Home Finance Limited (IIFL HFL) has received a $100 million financing from the Asian Infrastructure Investment Bank (AIIB) to enhance affordable housing finance for economically weaker sections and lower income groups. This funding will also promote green building standards in the housing sector.
Iifl Home FinanceAiibAffordable HousingGreen BuildingSustainable FinanceReal EstateJul 13, 2025
IIFL Home Finance stated that the AIIB funding will significantly enhance access to affordable housing finance for economically weaker sections and lower income groups (EWS/LIG), while also promoting the adoption of green building standards across the housing sector.
With this finance facility, IIFL HFL will strengthen its ability to serve both the demand and supply sides of India's affordable housing ecosystem. On the demand side, IIFL HFL will extend home loans to families, primarily from EWS and LIG segments, to purchase or construct their own homes in urban and semi-urban locations.
On the supply side, the company will finance affordable housing developers, with a focused thrust on projects that integrate green certification standards. This will help reduce the environmental footprint and enhance sustainability in the housing sector.
Monu Ratra, ED and CEO of IIFL Home Finance, expressed his enthusiasm: “The funding from AIIB marks a significant step in our journey to expand homeownership opportunities for underserved families across the country. This will also bolster our efforts to develop and finance green affordable housing, making sustainable living more accessible. We are honored to collaborate with AIIB in delivering inclusive and environmentally conscious housing solutions.”
Gregory Liu, Director General of AIIB's Financial Institutions and Funds Clients Department, Global, added: “This investment reflects AIIB's commitment to inclusive and sustainable infrastructure. By partnering with IIFL HFL, AIIB is helping to advance India's green building agenda while bridging the housing gap for low-income families in India.”
AIIB began operations in 2016 and now has 110 approved members worldwide. It is capitalized at $100 billion and is AAA-rated by major international credit rating agencies. This collaboration between IIFL HFL and AIIB is expected to have a significant impact on the affordable housing market in India, promoting both economic and environmental sustainability.
Frequently Asked Questions
What is the amount of financing IIFL Home Finance received from AIIB?
IIFL Home Finance received a $100 million financing from the Asian Infrastructure Investment Bank (AIIB).
Who will benefit from this financing?
The financing will benefit economically weaker sections and lower income groups (EWS/LIG) by providing them with affordable housing finance.
What is IIFL Home Finance's focus in the housing sector?
IIFL Home Finance focuses on the affordable housing segment, particularly serving families from economically weaker sections and lower income groups.
How will the funding be used on the demand side?
On the demand side, the funding will be used to extend home loans to families from EWS and LIG segments to purchase or construct their own homes in urban and semi-urban locations.
What is the role of AIIB in this partnership?
AIIB's role is to provide financing and support to IIFL Home Finance, helping to advance India's green building agenda and bridge the housing gap for low-income families.
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