Affordable Housing In India
UrbanUp
Affordable housing for the ones in need
We are a full-spectrum, novel grass root initiative based on the idea of developing affordable housing for the underprivileged. This is our innovative program that aims to build a self-reliant and sustainable society.
Through this endeavour, we aspire to create a long-lasting impact on the lives of vulnerable families and communities. We aim to provide public housing with sustainable homes that can help people access a dignified life with a healthier environment.
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The Concept
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Empowering economically weaker sections to own a home
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Creating a continual cycle of progress and growth
Project shall primarily be funded through Impact investing.
Total 126 units. Pilot phase shall be of 30 homes and the subsequent two phases will be 48 and 48 homes each.
The total capex for all the three phases would be from the impact investors
Savings in energy and water consumption can offset the investment cost in just three years
The project will serve as a model for sustainable development
Green building principles will be incorporated into the process, materials, construction techniques and maintenance procedures
Sustainable growth is sought to be achieved by relying on alternate sources like crowd funding
Urbanup will become a model community within Bengaluru, with exemplary water, energy and waste management
Our Founder
The driving force behind our programme is Mihir Menda, an engineering undergraduate at Columbia University. He is the founder of our sustainable low-cost housing community and a Board Member at RMZ Corp.
He is also an avid contemporary art collector, photographer, and traveller. His aim is to make a positive impact through elevated social experiences that can create a global network of dynamic and diverse members. UrbanUp is his first step in providing affordable housing around India!
Milestone
Affordable Housing - Let's create a better world
Affordable housing is the most basic necessity for fulfilling a decent way of life. However, there are numerous hurdles in the way of creating sustainable housing. To address this glaring issue UrbanUp has developed an ethical model, which would cater to present generation's housing problems and also serve to their future needs.