HDFC Capital creates USD 1 billion platform for affordable housing investment
Updated:7 years, 10 months ago
Updated:7 years, 10 months ago
New Delhi, Dec 22 (ANI): 'HDFC Capital Advisors' have successfully achieved the initial close of its second affordable housing fund, the HDFC Capital Affordable Real Estate Fund-2 (H-CARE-2). This will be combined with the HDFC Capital Affordable Real Estate Fund - 1 (H-CARE-1) raised in 2016 to create a USD one billion platform targeting affordable and mid-income residential projects in India's leading 15 cities. The primary objective of the platform is to provide long term, equity and mezzanine capital to marquee developers at the land and pre-approval stage for the development of affordable and mid-income housing in India. This aligns with the Centre's goal to increase overall housing supply, including 'Housing for All by 2022' initiative.
Updated:4 years, 9 months ago
Pan-India dry run for COVID vaccine tomorrow: Harsh Vardhan
Updated:4 years, 9 months ago
PM Modi joins world leaders in condemning US Capitol siege
Updated:4 years, 10 months ago
Indo-Japan Samvad: Buddha’s message spread out from India to world, says PM Modi
Updated:4 years, 10 months ago
Centre preparing with states for past 4 months for COVID-19 vaccination: Harsh Vardhan
Updated:4 years, 10 months ago
In Jan, India may be in position to give 1st COVID vaccine shot: Harsh Vardhan
Updated:4 years, 10 months ago
Worst is over but still need to be cautious: Health Minister on COVID-19 cases in India