HDFC Capital, a sole property of HDFC Ltd, has achieved the third funding of USD 1.88 billion (about Rs 13,500 cr) that will be invested in affordable housing projects.
HFDC Capital aims at developing 1 million affordable homes in India with the help of innovative financing, partnerships, and technology, whilst pushing the concept of sustainable development. HDFC Capital is bringing many leading global investors for this project to raise additional funds in order to achieve the completion of the project under the desired time affordable homes in India . Also, read – Important Things to Remember Before Buying a Flat
If you want to invest in a housing project then HDFC Capital Affordable Real Estate Fund -3 (H-CARE-3) could be a good start, as it one of the largest funds raised till date, excepting investments from all around the country. They are expecting to close at USD 1.22 billion by the end of the close date.
H-CARE-3 primary investor is the Abu Dhabi Investment Authority (ADIA) who are their long-term investors. In addition to affordable housing, H-CARE 3 will also invest in construction technology, fintech, cleantech, etc, who are also focused on providing people with an affordable housing ecosystem. Also read – Importance of RERA in Real Estate Industry: 2022
“HDFC Capital has been one of the pioneers of investing in affordable and mid-income housing projects in India.
With support from marquee global investors like ADIA and partnerships with leading developers, the platform is well on its way to ensuring many more Indians become homeowners,” said Deepak Parekh, Chairman of HDFC. Also read – How to Find Your Dream Home: Buy 2 & 3 BHK in Dasna, Ghaziabad
Well, if we are talking about affordable housing projects, we simply can’t miss Suncity Royal Castle Housing Project – the best housing project in Dasna, Ghaziabad.
Suncity Royal Castle is an ongoing project that offers the best affordable 2BHK and 3BHK flats in Ghaziabad. They are connected with NH24 and are easily accessible from Noida and Delhi. With its proposed plan of Metro connectivity, it soon will become accessible via metro as well.