VBHC Value Homes Pvt. Ltd. (previously known as Value& Budget Housing Corporation) announced a strategic partnership with Stichting Van Herk Investments Foundation, a Rotterdam-based global investment firm. The firm is investing an equivalent of US Dollar 20 million, the largest I investment since the announcement of the new FDI policy in the affordable segment in India.
This is the second round of investment by Van HerkGroep, the first being last year, when Van HerkGroep invested in the equity capital of VBHC. In the current round, the investment covers both developing affordable housing projects and development of affordable serviced apartments for young professionals and industrial workers.