 "HDFC Capital bets on low-cost housing, emerges the largest investor")
HDFC Capital, the real estate private equity arm of HDFC, has emerged the most prolific investor among home-grown property funds during the Covid-19 pandemic.
The fund management company, helmed by Vipul Roongta, invested Rs 1,731 crore in 2020 and Rs 1,545 crore in 2021, the data on its investments showed. Its key investments in 2020 include Rs 850 crore in Mumbai-based Runwal group, Rs 400 crore in New Delhi-based ATS group, and Rs 296 crore in Eldeco.
In 2021, it invested Rs 500 crore in Arvind Smartspaces, Rs 400 crore in Signature Global, and Rs 350 crore in Pune-based Kumar
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