Investments

Investment Philosophy

We provide flexible capital to developers in diverse geographies in the country for affordable housing projects to support the housing needs of low and mid income communities.

Our investment philosophy is grounded in the following principles:

1
Provide flexible capital, debt or equity, for housing development while generating market returns.
2
Partnering with credible developers with proven execution ability, local expertise and a conviction for creating viable solutions.
3
Minimize risk through active asset management with a focus on consistent and predictable results.
4
Growth through innovation in design & technology leading to better efficiencies, faster execution and scalability.

We are also keenly focused on understanding sustainability and its impact at the grass-root level. These practices are coupled with active asset management to create long term value for the respective stakeholders.

Funds

HDFC Capital Affordable Real Estate Fund 1 (HCARE-1) and HDFC Capital Affordable Real Estate Fund 2 (HCARE-2), are SEBI registered Category II Alternative Investment Funds. They combine as a ~USD 1.1 billion platform dedicated to the supply of affordable housing.

Affordable housing is a critical component of quality urban infrastructure as well as a growth driver for the real estate industry in India. The HCARE series of funds partner with developers to focus on long term financing solutions, across the capital stack of debt and equity, for affordable and mid-income housing.

Investments

Our investments are focused towards our stated objective of addressing the demand-supply gap of affordable housing in India. We finance homes in city suburban regions with proximity to social infrastructure for the low & mid income and economically weak customer segments.

We want to be a catalyst for growth for the entire affordable housing eco-system, through financing as well as driving efficiencies of cost and time through active asset management of our projects.

One of the largest platforms targeting the development of affordable & mid-income housing in India

Case Studies

Mahindra Happinest Palghar

Affordable Housing

Homes from a Tier 1 Developer for Resource Sensitive Living Near Mumbai City.

Read More

Signature Global Gurgaon

Affordable Housing

Haryana’s Own Affordable Housing Dream, In the Heart of the City.

Read More

Runwal Gardens Dombivli

Mid-Income Housing

An Integrated Township with Extensive Social Infrastructure in a Growing Mumbai Suburb.

Read More

Gera World of Joy Wagholi, Pune

Mid-Income Housing

A child centric residential project by a Tier -1 Developer near a major employment hub.

Read More

GodrejMamurdi, Pune

Mid-Income Housing

Mid-Income Housing Township By A Tier-1 Developer For IT Professionals In Pune

Read More