Janaadhar (India) Pvt. Ltd. is an affordable housing[1] company co-founded in 2008 by Ramesh Ramanathan,[2] who is also the owner of micro-finance company Janalakshmi Financial Services, along with Ramani Sastri,[2] CMD, Sterling Developers and Naresh Narasimhan,[2] Principal Architect of Venkataramanan Associates.

Janaadhar (India) Pvt. Ltd.
Company typePrivate company
IndustryReal Estate
FoundedBengaluru, India (2008)
FounderRamesh Ramanathan, (Chairman)
HeadquartersBengaluru, India
Area served
India
Key people
Arvind Bhatnagar, (Chief Operating Officer)
Websitewww.janaadhar.com

Janaadhar Shubha

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Janaadhar Shubha[2] is an integrated township launched by Janaadhar (India) Pvt. Ltd. in 2010.[3] The project spreads across 12 acres[4] of land in Attibele area in Bangalore, Karnataka where a total of 1128 families will be able to purchase a home for themselves. Of the 1128 flats on offer, 480 flats are single bedroom while 648 flat will be double bedroom. The single bedroom flat area is 400 sq. ft. and is priced lower than Rs 5,00,000[5] to serve the population who cannot afford houses elsewhere.

The Michael & Susan Dell Foundation[6] has provided initial funding to Janaadhar (India) Pvt. Ltd. for implementing affordable housing projects in Bengaluru city[7] in India.

References

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  1. ^ "Launch of Janaadhar Shubha". The Times of India. 9 April 2010.[dead link]
  2. ^ a b c d "Janaadhar unveils affordable housing project". The Hindu Business Line. 9 April 2010.
  3. ^ "Janaadhar launches low-cost homes project near Bangalore". Mint. 9 April 2010.
  4. ^ "Janaadhar begins delivery of budget homes, plans more projects". Mint. 22 August 2011.
  5. ^ "Janaadhar value housing project completes Phase-1". Business Standard.
  6. ^ "Grant Details from Michael and Susan Dell Foundation". Michael and Susan Dell Foundation. Archived from the original on 15 September 2012. Retrieved 21 May 2012.
  7. ^ "Key handing over ceremony". Deccan Herald. 21 August 2011.