Motilal Oswal Home Finance has secured $100 million in debt financing from the Asian Development Bank to expand lending in the affordable housing segment, with a particular focus on women borrowers and environmentally sustainable housing projects.
The funding has been raised in rupee equivalent terms through non-convertible debentures (NCDs). The transaction highlights continued interest from global development finance institutions in India’s affordable housing market.
Focus on Women Borrowers
According to the company, a large portion of the capital will be used to provide affordable housing loans to women borrowers. The initiative aims to improve access to home ownership for women in low and middle income households, supporting financial inclusion and asset ownership.
Push for Green Housing
Around 10% of the funds will also be allocated to finance residential units that meet recognised green building certification standards. This component is intended to promote environmentally sustainable construction practices within India’s affordable housing sector.
By supporting green certified projects, the funding aligns with broader efforts to encourage energy efficient housing and reduce the environmental footprint of urban development.
Strengthening Affordable Housing Lending
The latest financing strengthens Motilal Oswal Home Finance’s capital base and enables it to scale its lending operations in the affordable housing segment, which continues to see strong demand across India.
With support from ADB, the company aims to expand its housing loan portfolio while contributing to inclusive home ownership and sustainable housing development.
Follow Startupbydoc for daily startup insights, funding news, IPO analysis, and business breakdowns.