PE-RE Fund Investments
Luxury residential realtor Total Environment raises Rs.1,300-Cr from HDFC Capital
HDFC Capital, the real estate private equity arm of HDFC Group, has partnered with Bengaluru-based property developer Total Environment to set up an INR 1,300 crore platform for the development of residential projects in Bengaluru. This collaboration will add an additional 6.5 million square feet of new residential projects to the ongoing 16 million sq ft housing projects being developed by Total Environment.The new residential projects will have a combined gross development value (GDV) of over INR 10,100 crore, which will be delivered over the next four to five years. The partnership is expected to develop sustainable greenfield residential projects, enhancing the city’s housing landscape by providing quality living spaces for its residents.
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