+
 HDFC, L&T in talks for a development and investment platform
Real Estate

HDFC, L&T in talks for a development and investment platform

HDFC Capital is in talks with Larsen and Toubro Realty to set up a residential development and investment platform with an investment of Rs 4,000 crore. The joint platform will be structured as an Alternative Investment Fund (AIF) which will make investments in mid-market residential projects in the country.

HDFC Capital Advisors and L and T Realty to infuse equity into the platform. The developer shall be responsible for executing projects having the investments of the joint entity.

It is said that the discussions have reached an advanced stage and the final decision regarding the equity infusion by both of them will be taken soon.

The investment platform will raise the fund from the market after deciding on the equity infusion by HDFC Capital and L and T Realty.

HDFC Capital has a plan to invest approximately $2 billion in affordable housing, it has secured the first close for a fund among the world’s largest residential property investments.

HDFC Capital Affordable Real Estate Fund 3 had already garnered $1.22 billion by mid-January and the total corpus will be around $2 billion, which includes potential reinvestments. The primary investor for the same was a wholly-owned unit of the Abu Dhabi Investment Authority (ADIA).

H-CARE-3 is HDFC Capital’s third fund. The previous funds raised, Affordable Real Estate Funds 1 (2016) and 2 (2017) totaled $3 billion. It has formed alliances with Rustomjee Group, Prestige Group, Ambuja Neotia, Runwal Group, Shapoorji Pallonji Real Estate, and Arvind Smart Spaces.

Image Source

HDFC Capital is in talks with Larsen and Toubro Realty to set up a residential development and investment platform with an investment of Rs 4,000 crore. The joint platform will be structured as an Alternative Investment Fund (AIF) which will make investments in mid-market residential projects in the country. HDFC Capital Advisors and L and T Realty to infuse equity into the platform. The developer shall be responsible for executing projects having the investments of the joint entity. It is said that the discussions have reached an advanced stage and the final decision regarding the equity infusion by both of them will be taken soon. The investment platform will raise the fund from the market after deciding on the equity infusion by HDFC Capital and L and T Realty. HDFC Capital has a plan to invest approximately $2 billion in affordable housing, it has secured the first close for a fund among the world’s largest residential property investments. HDFC Capital Affordable Real Estate Fund 3 had already garnered $1.22 billion by mid-January and the total corpus will be around $2 billion, which includes potential reinvestments. The primary investor for the same was a wholly-owned unit of the Abu Dhabi Investment Authority (ADIA). H-CARE-3 is HDFC Capital’s third fund. The previous funds raised, Affordable Real Estate Funds 1 (2016) and 2 (2017) totaled $3 billion. It has formed alliances with Rustomjee Group, Prestige Group, Ambuja Neotia, Runwal Group, Shapoorji Pallonji Real Estate, and Arvind Smart Spaces. Image Source

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code