India's low-cost housing space is increasingly getting global attention. UK-based impact investor Reall has shown interest in this segment with a commitment of investing in Bengaluru-based affordable housing developer Janaadhar India, two people familiar with the development said. 

"Investment proposals are underway with Janaadhar and will be subject to an approval process by our investment committee. The first investment proposal under development is for GBP5.5 million over a 2 year period," said Emma Ahmed, head of Asia Operations at Reall. 

The quantum of investment can rise later, two other people said. 

Funded by the UK’s Department for International Development (DFID) and the Swedish International Development Agency (SIDA), Reall has been in the affordable housing segment for over 30 years, helping more than 3.5 million people across Asia and Africa. 

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