Hdfc Capital

TVS Emerald, HDFC Capital to create Rs 1000 cr platform for real estate

Agreement to assist setting up plotted development projects in Chennai and Bengaluru

HDFC Capital achieves $376-mn initial close for scheme 2 of H-CARE 3

H-CARE 3 Scheme 1 & 2 and HDFC Capital Affordable Real Estate Funds - 1 & 2 have created a US$3.1 billion funding platform

HDFC Capital raises $376 million for affordable housing fund H-Care 3

HDFC Capital, the real estate private equity arm of HDFC Group, on Monday achieved the initial close for second scheme of its third fund, raising USD 376 million. The latest fund raising is the third by HDFC Capital's affordable real estate fund (H-Care 3) and the primary investor in the H-Care schemes is a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), HDFC said in a statement. Since the launch in 2016, the fund, across its schemes, has created a USD 3.1 billion funding platform, making it one of the largest private finance platforms in the world focused on development of affordable housing. The fund will provide long-term, flexible funding across the life cycle of affordable and mid-income housing projects including early-stage funding. In addition, it will also invest in companies in the construction technology, fintech, sustainability-tech etc. engaged in the affordable housing ecosystem. HDFC Capital targets to finance 10 lakh affordable homes through a

HDFC Capital concludes 2nd H@ART summit; commits investments to 15 startups

The HDFC Capital through its H@ART platform has committed to more than 15 investments in Indian prop-tech startups and has already invested in companies like Loyalie and HomeExchange

HDFC Capital Advisors-backed property tech program gets 400 proposals

HDFC Capital Advisors, a subsidiary of mortgage lender HDFC, has raised over Rs 500 crore through global investors

Eldeco partners HDFC Capital to form Rs 350 cr fund for housing projects

Realty firm Eldeco group on Friday said it has partnered with HDFC Capital to set up Rs 350 crore fund to develop residential projects across many cities. Eldeco Infrastructure and Properties Ltd (EIPL), a privately held company of the Eldeco Group has "partnered with HDFC Capital Affordable Real Estate Fund 3 (H-CARE 3) for an investment of Rs 350 crore to create a platform to develop multiple residential projects across multiple cities." Currently, Eldeco has identified four residential developments in Delhi-NCR, Himachal Pradesh and Uttarakhand for an initial investment of Rs 175 crore. Earlier, Eldeco Group had partnered with HDFC Capital Affordable Real Estate Fund 1 (H-CARE 1) to set up a Rs 150 crore platform for the development of low-rise and plotted development projects. The first project under this platform 'Eldeco Paradiso', a 35-acre plotted project in Panipat was launched in late March this year. Pankaj Bajaj, Chairman of Eldeco Group, said, "Eldeco is now present in

Signature Global raises Rs 400 cr from HDFC Capital's real estate fund

The company raised this fund from HDFC Capital Affordable Real Estate Fund 3 (H-CARE 3), a fund managed by HDFC Capital

Top headlines: MoD spends 65% domestically, cement prices to rise, and more

Business Standard brings you the top headlines on Wednesday

HDFC Capital to buy 7.2% stake in realty start-up Loyalie IT Solutions

Loyalie had in January raised Rs 5 crore from investors, including Inflection Point Ventures, to expand and grow its business

HDFC Capital bets on low-cost housing, emerges the largest investor

Emerges the largest investor among home-grown funds

HDFC Capital in $1.22-billion deal for affordable housing fund

HDFC, Abu Dhabi Investment Authority commit $1.22 bn

HDFC Capital raises nearly $1.8 bn fund for affordable housing financing

HDFC Capital, a wholly-owned subsidiary of HDFC Ltd, has achieved the initial close of its third fund of $1.88 billion (about Rs 13,500 cr) focused on affordable housing.

Arvind SmartSpaces raises Rs 85 crore to pursue value accretive projects

Raises funds from HDFC Capital Affordable Real Estate Fund-1

Eldeco Infra, HDFC Capital float platform for low-rise plotted development

Projects will be undertaken by SPV with initial outlay of Rs 150 cr; two projects identified in Panipat and Faridabad with combined saleable area of 1.5 mn sft, potential sales of Rs 500 cr

HDFC Capital invests Rs 275 cr in mid-income housing project of Kalpataru

First investment by fund manager in real estate after lockdown

HDFC Capital Advisors looks to raise $1 billion in affordable housing fund

HDFC Capital Advisors guides HDFC Capital Affordable Real Estate Fund 1 (H-CARE 1) and H-CARE 2, in which ADIA is an anchor investor

HDFC Capital in talks with developers for affordable housing platform

HDFC Capital has floated at least five platforms for affordable housing with developers such as Mahindra Lifes­paces, Tribeca and Rustomjee

HDFC Capital plans to form 3 investment platforms for affordable housing

HDFC Capital has in principle agreed to form a platform deal with Mumbai-based Rustomjee and is in talks with two other developers for similar deals

HDFC Capital creates $1 bn war chest for low-cost housing

HDFC is the sponsor of the fund and Abu Dhabi Investment Authority (ADIA) is a major investor