ATS group to invest Rs 2,000 cr on building affordable homes

NEW DELHI: Realty firm ATS's founder Getamber Anand on Wednesday launched a new venture HomeKraft to develop mid-income and affordable housing projects and will invest Rs 2,000 crore over the next five years to build about 6,500 units. Affordable housing, which has been accorded with infrastructure status in 2017 Budget, has gained momentum on the back of interest subsidy offered by the government and lower GST rates.