Indian affordable housing giant to launch in UK

Indian affordable housing giant to launch in UK

One of India’s fastest growing residential property developers, Xrbia, is to launch in the UK in a bid to help tackle the extreme housing crisis.

Founded by 41-year-old entrepreneur Rahul Nahar in 2012, Xrbia’s first project consisted of 3,500 houses forming a 120-acre ‘future-ready’ city in India. It has already built over 15,000 homes, has a pipeline of 100,000 and aims to deliver 100 future-ready cities in India by 2030.

Xrbia is now bringing its scale efficiencies and expertise in affordable housebuilding to the UK, and is seeking joint venture opportunities with UK property developers with social housing experience to leverage their local market expertise.

Initially, Xrbia will focus on building homes in London, where the housing crisis is most extreme. With its cutting-edge construction technology, based on a hybrid of steel framing and concrete form work that produces homes at low cost within short timeframes, Xrbia has managed to slash build times to just six months.


In addition, all utilities are delivered via renewable sources, with water, electricity and sewage recycled and controlled through customers’ smartphones. Meanwhile, Internet of Things technology powers a customer portal, access, security and billing systems. The entire system operates on the SAP ERP system, a world-leading platform for business processes.

In India, Xrbia’s standard product is a seven-storey building with apartments of 40 square meters. In London, Xrbia is setting out to deliver these ‘micro’ homes at a cost of around £80,000 and will support them with numerous finance packages, including a rent-to-own facility.

Rahul Nahar, Xrbia founder, comments: “We have been researching Western markets in depth and, given the extent of the housing crisis in the UK and dearth of affordable accommodation, feel our low-cost and technology-led construction model could have a very positive impact on the volume and type of homes being built.

We are looking to work with forward-thinking social housing developers who have moved on from the legacy approaches that are holding back a number of more established players. To build the number of homes the UK needs is not just about bricks and mortar but fundamental changes in philosophy and process.”

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Latest Comments

Kelvin Lloyd
Kelvin Lloyd 09 Oct 2017

IT is up, to the Planners. If they will only give permission for bungalows on certain (suitable) sites, they will be built.

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maggie swift
maggie swift 09 Oct 2017

It's just the beginning of the shocking rise.

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maggie swift
maggie swift 09 Oct 2017

I have recently read that the bungalows can provide social housing for elderly residents in London.

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zoe glover
zoe glover 05 Oct 2017

Update! Worst company I have ever dealt with. Undervalued a Cambridge property by over 100k, wont take on any evidence of valuation including a RICS valuation done 3 years ago for the very same value...

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Paul Edwards
Paul Edwards 27 Sep 2017

Its nonsense articles such as this that make it harder to get clients to realise just how difficult the market is out there. When you see Rightmove and there are more 'price reduced' then 'new' most days...

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Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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RyanGeo
RyanGeo 18 Sep 2017

A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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sean benton
sean benton 01 Sep 2017

Identity theft is a thread for any profession. So,people should stay alarmed. I once take help from a letting agent and came to know that letting agents are taking every precaution to prevent fraudulent...

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Mark N.
Mark N. 30 Aug 2017

We have seen a surge in instructions over August and that should continue into September too.

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Chris
Chris 30 Aug 2017

Unfortunately, all the legislation bears its force on Landlords and ignores, naively, the effect of Rogue Tenants on the ability of landlords to keep houses in repair and offer properties for rent at reasonable...

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Christian Donovan
Christian Donovan 18 Aug 2017

The write-down on house values, combined with the fall in the GBP saddled the fund?s property portfolio with a 1.4% loss in the second quarter. The shocking amount of $240 million.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

Interesting point of view.

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