HDFC Capital

Emerges the largest investor among home-grown funds

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

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

HDFC, Abu Dhabi Investment Authority commit $1.22 bn

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.

Raises funds from HDFC Capital Affordable Real Estate Fund-1

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

First investment by fund manager in real estate after lockdown

In talks with Abu Dhabi Investment Authority, NIIF

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

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