The fund, HDFC Capital Affordable Real Estate Fund - 3 (H-CARE-3), is one of the largest funds raised to invest in the residential real estate sector anywhere in the world. The fund has achieved its first close with investors already committing over $1.22 billion.
24 Jan 2022Read More
CREDAI NCR in association with HT Parekh Foundation and HDFC Capital has launched a free vaccination drive, facilitated by Felix Hospital for construction workers and their families in Noida and Greater Noida. More than one thousand construction workers were vaccinated as Omicron variant of COVID19 threatens to derail the recovery of real estate sector.
11 Jan 2022Read More
The board of directors of Arvind SmartSpaces (ASL) has approved the allotment of 68.5 lakh equity share aggregating to about Rs 85 crore to HDFC Capital Affordable Real Estate Fund-1 (H-CARE 1) and the promoters of ASL at the price of Rs 124/- per share as per SEBI ICDR Regulations 2018, the company said in a media release.
10 Sep 2021Read More
The strong demand that has been witnessed in housing in the recent times has been surprising, feels HDFC Chairman Deepak Parekh. However, Parekh notes that the demand is not pent-up but structural in nature and will continue to stay.
22 Apr 2021Read More
MUMBAI: HDFC Capital — the investment management arm of the country’s largest housing finance company — has partnered with US private equity (PE) investor Cerberus Capital Management, which specialises in distress assets, to take over stuck residential projects and provide last-mile funding.
2nd Apr 2021Read More
HDFC Capital Advisors, the wholly-owned private equity arm of India's largest mortgage lender HDFC, has invested Rs 400 crore in ATS HomeKraft that focuses on mid-income and affordable housing.
4th Mar 2021Read More