XRBIA Developers & Architect Hafeez Contractor Launches A Revolutionary New Concept In Affordable Housing In India

Online, June 29, 2012 (Newswire.com) - In keeping with the company's endeavour to enhance lives for a better living and to contribute towards building a new India, XRBIA Developers Ltd. today unveiled XRBIA - the first-of-its-kind pan India Affordable Housing brand. Providing support to fulfilling XRBIA Developer's dream is the world renowned architect Hafeez Contractor, who has developed a revolutionary new design for affordable housing. The highlight of the event was the unveiling of an exact full size replica of the actual house during the occasion. Architect Hafeez Contractor also launched a website www.ahouseforeveryindian.com, a forum that will advocate and grow consensus on the need for affordable housing in India.

XRBIA - (Connoting a suburb within a suburb) has been conceptualised by XRBIA Developers (Formerly known as Eiffel Developers & Realtors Ltd.) with a vision of building a 100 new cities by 2030. XRBIA would launch its first property in Hinjewadi, Pune, Maharashtra, followed by a pan India presence across tier I & II cities. The international quality smart houses from XRBIA will be available from Rs. 5 lakhs (Rupees Five Lakhs) onwards. The integrated cities from XRBIA have been designed to create a positive ecosystem for the neighbourhood and the community, thereby giving its customers a sense of place and community life. XRBIA offers unparalleled range of amenities like schools, malls, clubs, coffee shops, etc...

Announcing the launch, Mr. Rahul Nahar, MD & CEO, XRBIA Developers Ltd., said that, "We are delighted that our dream of creating affordable houses for every Indian is now becoming a reality and we have found an able partner in Hafeez Contractor for this ambitious project. XRBIA is a cost-efficient, premium quality product that has been developed post in-depth research and understanding of the consumer needs. Research has revealed that India today faces an estimated shortage of 27 million houses for urban poor of which 3 million is estimated in Mumbai alone. "

What makes these houses even more unique is their green building credentials as all projects will be LEED, GRIHA & MOEF certified. XRBIA Developers have invested heavily in the Research & Development, not only around construction but also to ensure premium quality. One such innovation is the acquired technological expertise to develop apartment complexes of G + 3 floors in just 90 days - shorter turnaround time and thus a new benchmark in the industry.

Speaking on the occasion, Mr. Hafeez Contractor said, "I am delighted by this association. XRBIA Developers & I share a dream and that is to help every Indian own a good quality house at affordable cost."

The 25 sq.mt house on display is the creation of Architect Hafeez Contractor. This unique design optimizes living spaces and offers a solution that addresses the needs of an ever-growing population. This contemporary design features solutions to two of today's most challenging problems: how to conserve space and help save the environment. The design goal was to build as small as possible, to harmonize with the site, to use natural lighting and ventilations techniques, and, above all, to combine aesthetic beauty with ecological sensitivity. The designs are striking in appearance, inexpensive to build, and totally functional, and will serve as inspiration for architects and potential owners.

XRBIA Developers plans to develop 100,000 houses by 2013. These projects, spanning 14 locations and will be launched in a span of next 6 to 8 months. Locations include Karjat, Pune, Coimbatore, Kolkata, Bangalore & Indore. XRBIA Developers stated vision is to develop 100 new world class cities in India by 2030.