HDFC Capital forms Rs.1,500-Cr JV with HoABL for low-rise housing
HDFC Capital Advisors and the House of Abhinandan Lodha (HoAL) have formed a joint venture platform with INR 1,500 crore investment to undertake land projects, low rise projects and plotted developments across India. HDFC Capital will invest in the JV through HDFC Capital Affordable Real Estate Fund-3. The investment is expected to result in a gross development value of over INR 4,500 crore.
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