Powered by
HDFC closes second affordable housing fund at $550m

HDFC Capital Advisors held a first close on its second affordable housing fund at $550 million, the firm announced in a press release. The Mumbai, India-based firm said it would combine the capital raised in this vehicle with that of the firm's debut housing fund from 2016, raising HDFC's total investment pool to $1 billion.

Deploying the combined funds, HDFC plans to provideequity and mezzanine capital to affordable housing developers inIndia, aligning with the government's efforts to inc

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox