HDFC Capital, Cerberus tie-up to help residential projects
Real Estate

HDFC Capital, Cerberus tie-up to help residential projects

HDFC Capital Advisors Ltd and real estate investment firm Cerberus Capital Management, LP have tied up to form a special situations platform for the Indian residential real estate sector.

This special situations platform will partner with quality developers and provide capital solutions to speed up residential real estate project construction and completion. It will seek to purchase inventory and provide last-mile funding for under construction residential projects across India, among other real estate related opportunities.

The platform's development is in response to a series of shocks to the Indian residential real estate market that has created a significant need for capital. Many buyers have been unwilling to fund projects in advance of completion, while traditional financing channels have come under severe pressure.

HDFC Capital Advisors is a 100% subsidiary of HDFC. The company provides investment management services for real estate private equity financing and is one of India's largest fund managers.

Cerberus has over Rs 3.93 lakh crore in assets across complementary credit, non-performing loans, real estate, and private equity. Since 2019, the company has been active in India across numerous verticals. It has been involved in the acquisition of non-performing assets, provision of capital to corporates, and creation of financial services and real estate platforms.

Image Source


Also read: Realty majors use first construction labour PM platform

HDFC Capital Advisors Ltd and real estate investment firm Cerberus Capital Management, LP have tied up to form a special situations platform for the Indian residential real estate sector. This special situations platform will partner with quality developers and provide capital solutions to speed up residential real estate project construction and completion. It will seek to purchase inventory and provide last-mile funding for under construction residential projects across India, among other real estate related opportunities. The platform's development is in response to a series of shocks to the Indian residential real estate market that has created a significant need for capital. Many buyers have been unwilling to fund projects in advance of completion, while traditional financing channels have come under severe pressure. HDFC Capital Advisors is a 100% subsidiary of HDFC. The company provides investment management services for real estate private equity financing and is one of India's largest fund managers. Cerberus has over Rs 3.93 lakh crore in assets across complementary credit, non-performing loans, real estate, and private equity. Since 2019, the company has been active in India across numerous verticals. It has been involved in the acquisition of non-performing assets, provision of capital to corporates, and creation of financial services and real estate platforms. Image Source Also read: Realty majors use first construction labour PM platform

Next Story
Infrastructure Urban

Indian Army and JCBL to Set Up Vehicle Repair Hub in Leh

The Fire & Fury Corps of the Indian Army has signed a Memorandum of Understanding (MoU) with Airbornics Defence & Space (ADSL), a company under the JCBL Group, to establish a New Generation Vehicle (NGV) Repair Hub and Warehouse within the 14 Corps Zonal Workshop in Leh.This initiative marks a significant step toward enhancing the Army’s logistics and operational readiness by creating a dedicated OEM-backed maintenance and repair ecosystem for next-generation vehicles deployed in the high-altitude region.The MoU signing ceremony took place at Headquarters 14 Corps, Leh, in the presence of Lt..

Next Story
Infrastructure Energy

Hettich Strengthens Industry Ties at Madhya Pradesh Investment Meet

Hettich India, a global leader in furniture fittings, reinforced its commitment to Madhya Pradesh’s industrial growth as a Guest of Honour at an Interactive Session on Investment Opportunities in Power, Renewable Energy Equipment, and White Goods Manufacturing, hosted by the Government of Madhya Pradesh in partnership with the Confederation of Indian Industry (CII) at Hotel Trident, Nariman Point, Mumbai.The session, chaired by Dr Mohan Yadav, Hon’ble Chief Minister of Madhya Pradesh, brought together leading domestic and international investors, industry representatives, and business lead..

Next Story
Equipment

SANY India Strengthens Rajasthan Presence with New 4S Dealership in Jaipur

SANY India, a leading manufacturer of construction, mining, road, logistics, and energy equipment, has inaugurated a new 4S dealership (Sales, Service, Spares, Stocking) in Jaipur in partnership with Shree Balajee Infra. This expansion reinforces SANY India’s commitment to delivering world-class products and enhanced after-sales support to customers across Rajasthan.The dealership will serve key regions including Kanakpura, Jaipur, Kekri, Kota, Bayana, Nagor, Alwar, Ajmer, Udaipur, Kelwa, Jalore, Bhilwara, and Chitamba, providing convenient access to SANY’s extensive product range and effi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?