Support: +91-22-61011756 /
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

IL&FS to venture into low-cost housing

Monday, 16 Apr 2018
Share this on :
IL&FS Group, an infrastructure development and financial services company, is foraying into affordable housing business with three projects. Around 40 acre of land has been allocated for this initiative in three locations of GIFT in Gujarat, Hyderabad and Chennai.

The business will be undertaken as part of special subsidiary called IL&FS Townships and Urban Assets. It will form joint ventures (JVs) and participate in public-private partnership (PPP) projects initiated by the government.

Under this venture, the company will be targeting on building affordable residences, economic activity to support job creation and livelihood around the project’s location, and providing services to upgrade lifestyle.

IL&FS will be launching its first smart homes project in GIFT City, Gandhinagar, Gujarat, and the company is looking to construct 1,000 such homes in Phase-I of development by 2020. The company is aiming to deliver one million over a period of 10 years.

The group has intended to implement affordable housing projects on land that is already in its possession and is suitable for this initiative based on proximity to the city, the connectivity to places of work and geophysical contours.

The group is looking to use construction finance and funds infusion by private equity firms to support the venture apart from customer advances.

Post Your Comments


Sign up to start your free trial

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community


Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services