HDFC Capital partners with Runwal Enterprises for affordable housing projects

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HDFC Capital has partnered with Runwal Enterprises to create a platform for developing residential projects for affordable, mid-income, and upper mid-income families in Mumbai. HDFC Capital will invest over ?1,150 crore to support multiple sustainable housing projects, with a revenue potential exceeding USD 1 billion. The partnership will provide a mix of equity and structured debt to Runwal Enterprises, helping expand its operations and establish Special Purpose Vehicles for land acquisition and working capital across the Mumbai Metropolitan Region.

Note: The above-mentioned news was first published by us in our ProjectX India | 15th December 2024 edition.. Do you want to buy this issue or our latest issue? If yes! click here

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