Shapoorji Pallonji Real Estate is in talks with HDFC Capital Advisors, the real estate fund management arm of HDFC, and International Finance Corporation (IFC) separately, to float a platform to invest and develop low-cost homes across the country, sources in the know said. They plan to build homes in the Rs 10 lakh to Rs 20 lakh category on the peripheries of large and tier II cities, such as Jaipur and Indore, among others.
22 October 2019Read More
The proposed developments will be undertaken by a special purpose vehicle Arvind Homes Pvt Ltd set up with an initial investment of Rs 250 crore, it added.
10 October 2019Read More
Parekh, chairman of housing finance major HDFC Ltd, also said the government's proposed Rs 20,000 crore fund will help the realty sector in a big way to get their pending projects completed and his company is very keen to contribute to this fund.
29 Sep 2019Read More
MUMBAI: At a time when the real estate market is in a slump, half a dozen affordable housing projects financed by HDFC’s $1.1-billion real estate fund have sold between 50% and 100% of the inventory, HDFC chairman Deepak Parekh said on Monday. “The key to success is the right price, right size and right developer,” he told TOI.
24 Sep 2019Read More
Indian private equity fund HDFC Capital Advisors, a subsidiary of mortgage lender HDFC Ltd, will mentor, partner, and invest in property tech (proptech) companies as part of its newly initiated HDFC Affordable Real Estate and Technology (Heart) programme to support the construction of affordable housing in India, where re-elected Prime Minister Narendra Modi-led Bharatiya Janata Party has committed $1.4tn to infrastructure development.
28 May 2019Read More
NEW DELHI: HDFC Capital Advisors, a wholly-owned subsidiary of HDFC, has announced the launch of its new initiative termed ‘HeART’ that seek to promote technologies to make affordable housing more affordable.
17 May 2019Read More