HDFC Capital, Cerberus tie-up to help residential projects

07 Apr 2021 CW Team

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

Infrastructure Urban

07 Oct 2025

India’s Rs 370 Bn Petrochemical Expansion to Shift Asian Supply

India’s planned investments worth over USD 37 billion (around Rs 3 lakh crore) in the petrochemical sector are poised to reshape Asia’s supply landscape, according to a new report by S&P Global Ratings.The report noted that India’s drive toward petrochemical self-sufficiency mirrors China’s earlier expansion and could intensify competition in the region. “India’s capacity additions will significantly alter trade flows and increase competition among Asian producers,” said Ker Liang Chan, credit analyst at S&P Global Ratings.S&P estimated that public sector enterprises ..

Maharashtra Sets Up Authority to Boost Self-Redevelopment

The Maharashtra government has established a Self-Redevelopment Authority to support citizens in independently redeveloping old buildings, marking a major policy step for Mumbai and the surrounding metropolitan region.BJP legislator and Mumbai District Central Cooperative Bank president Pravin Darekar will head the new Authority, which will offer end-to-end guidance on project planning, funding, developer selection, and execution. The initiative follows the approval of the state’s New Housing Policy earlier this year, which allocated Rs 2,000 crore to promote self-redevelopment.Officials sai..

MHADA Revises Premium and Payment Rules for Redevelopment

The Maharashtra Housing and Area Development Authority (MHADA) has revised its 2007 redevelopment policy to make the redevelopment of ageing housing societies in Mumbai financially sustainable.The key change involves recalibrating premium charges for commercial floor space in projects under Regulation 33(5) of DCPR 2034. The new formula links premium rates to land value, market rate, and proposed usage, replacing the earlier rule that charged 1.5 times the residential rate for commercial areas.Developers’ body CREDAI-MCHI had sought parity between residential and commercial rates to encourag..