India witnessed the launch of one of the world’s largest low cost mass housing projects at Solapur , Maharashtra. The project built under the PMAY – initiative of the government of India

Largest Mass housing project in the world - Transforming Dreams into Reality

Witnessing the success "Gareebon ka Taj mahal" – RAY nagar housing project at Solapur has been an extraordinary journey!

Recently ,15,000 families received their keys from the Honourable Prime Minister, marking a significant milestone. The remaining 15,000 homes are set to be handed over in the next 12 months, culminating in the world's largest mass housing project boasting 30,000 houses.

This visionary project, conceived by the late Mr. Anil Pandhe of Pandhe Group and Mr. Adam Master of Solapur, is a testimony to their commitment to uplifting the underserved communities. Mr. Pandhe, a gem and enlightened soul, left behind a legacy of providing homes to those in need, from the Andamans to Latur, Malegaon & Nanded, impacting over 100,000 lives.

The success of this project, can be attributed to timely support of esteemed banks –

1. Bank of Maharashtra
2. Bank of India
3. vidharbha Konkan Gramin bank
4. Bank of Baroda
5. Punjab National Bank
6. Canara Bank
7. Central Bank of India
8. State Bank of India

At NumberTree Assurance Services we are proud to have structured funding of INR 630 Cr from these eight banks, fuelling the dream of RAY Nagar.

Critical support also came in from key government bodies, including

1. The Hon Collector Solapur
2. Divisional Commissioner Pune
3. VP MAHADA
4. Ministry of Housing, Maharashtra
5. Ministry of Housing, New Delhi
6. PMO New Delhi.

Collaborating , co-ordinating with a wide spectrum of government agencies with varying degree of hierarchy , has been a true learning experience for us. However, the true heroes of RAY Nagar Federation are the 30,000 families who, despite lacking formal education, financial background, or regular jobs, came together to make this dream a reality. From rickshaw pullers to flower sellers, labourers to vegetable vendors, their collective effort is nothing short of amazing. RAY Nagar federation comprising of 30,000 families, showed their faith in NumberTree, and it came as a great source of motivation to us as a team. Together, we've not just built houses; we've built a thriving, self-sufficient, sustainable community.