EQT Finalizes Acquisition of Niwas Housing Finance
July 18, 2025 - 01:30
Niwas Housing Finance, previously recognized as IndoStar Home Finance, has been acquired by EQT. This affordable housing finance company boasts assets under management totaling Rs 3000 crore, equivalent to approximately $359 million. Niwas has made a significant impact by providing financial support to over 47,000 low-income homeowners and small businesses throughout India.
The acquisition marks a strategic move for EQT, as it aims to enhance its portfolio in the affordable housing sector. Niwas Housing Finance has established itself as a vital player in facilitating access to housing finance for underserved communities, addressing the growing demand for affordable housing solutions in the country.
With a commitment to financial inclusion, Niwas continues to empower individuals and families by enabling them to achieve homeownership. The completion of this acquisition is expected to further strengthen the company's mission and expand its reach, ultimately contributing to the improvement of living conditions for many in India.
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