India is home to 78 million homeless people. The country needs over 5 million affordable homes each year, whereas supply is less than 10% of this demand. Affordable housing in India is a local game and over 90% of the supply today comes from ‘Local Developers’ across the country. Growth of these developers has been hampered due to lack of funding and professional management.
Brick Eagle was founded in 2011 with a vision to provide market-based solution for the housing poverty in India. The group strives to bridge the funding gap and empowers Local Developers across the country. Besides providing capital to developers, we also offer them a management tool kit on corporate governance, financial discipline and Industry best practices. We realize that Developers need support across the value chain in order to deliver housing in scale. Hence we are incubating an ecosystem of entrepreneurs providing various services right from product design to township management.
We understand that with great opportunities come great responsibilities. Our commitment to sustainability is one amongst it and hence, we pioneered the concept of ‘Affordable Green’;. Our goal is to reduce carbon footprint of our developments by using locally available materials and adopting green construction technologies. Once demonstrated, we hope this model can become a prototype for affordable housing development across the country.
We at Brick Eagle envision a movement to eradicate homelessness in India over the next few years. Being in a position to make a huge impact only inspires us to continue doing what we do best… changing lives of people by providing them their dream homes.
Brick Eagle’s Ecosystem of Affordable Housing
Over the past five years, we have developed a disruptive model to deliver Affordable Housing across the country. The model hinges on partnering with Local Developers and incubating Entrepreneurs to plug gaps in the affordable housing value chain.
We operate through four business divisions.