PE-RE Fund Investments
HDFC Capital in Rs.1,000-Cr rental homes JV with DivyaSree Group firm
HDFC Capital Advisors, the real estate private equity arm of the HDFC Group, has partnered with Curated Living Solutions (CLS) to set up an institutional rental housing platform with an initial corpus of INR 1,000 crore. The platform will develop and operate institutional-grade rental assets across segments such as co-living, student housing and worker accommodation, marking a significant step towards formalising India’s largely unorganised rental marketThe initial phase will target Bengaluru, Mumbai, Delhi-NCR, Hyderabad, Pune and Chennai, where workforce mobility, student inflows and rising housing costs are accelerating the shift towards rental living.CLS, promoted by Bengaluru-based real estate developer DivyaSree Group, offers away-from-home housing solutions and currently manages over 13,000 beds across the country, spanning co-living, student accommodation and worker housing.
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