Vijayawada, August 2, 2024: IIFL Home Finance Ltd., a leading player in the affordable housing sector, recently hosted a regional awareness workshop in Vanukuru, Krishna district, Andhra Pradesh. This workshop, held in collaboration with the International Finance Corporation (IFC), aimed to promote green housing practices among beneficiaries of government housing schemes.
The event was hosted specifically for the Beneficiary Led Construction (BLC) audience, highlighting the importance of eco-friendly building practices. Key topics included the use of energy-efficient fans, water-saving taps and showerheads, solar water heaters, and rainwater harvesting systems. These innovations are designed to create a sustainable and balanced green ecosystem in homes.
The workshop saw a remarkable turnout, with over 900 beneficiaries enthusiastic about adopting green housing practices.
Mr. Srinivasa Rekapalli, Zonal Sales Head for AP and Telangana at IIFL Home Finance Ltd., remarked, “We are thrilled to lead the charge in affordable housing solutions in Andhra Pradesh. Our partnership with IFC and the successful workshop in Vanukuru marks a significant milestone in our commitment to fostering greener and better homes. With Rs. 607.12 Crs. disbursed to over 24,000 BLC households in Andhra Pradesh under the PMAY, we are dedicated to educating and empowering first-time buyers to build their own homes.”
IIFL Home Finance has been instrumental in advancing the government’s “Housing For All” mission through the Pradhan Mantri Awas Yojana (PMAY). This initiative reinforces IIFL Home Finance’s position as a key player in affordable housing in the state, demonstrating its commitment to transformative and sustainable housing solutions. Building on this success, IIFL Home Finance plans to extend this impactful model to all districts in the coming months.