Arvind SmartSpaces and HDFC Capital enter strategic partnership
For development of affordable and mid housing projects
Arvind SmartSpaces announced that the company has entered into a strategic partnership with HDFC Capital Affordable Real Estate Fund 1 (H-CARE 1) a fund managed by HDFC Capital Advisors, a wholly owned subsidiary of HDFC.The partnership will focus on the development of affordable and mid-income housing projects in India while ensuring quality and timely delivery of finished units. The proposed developments will be undertaken by a special purpose vehicle "Arvind Homes" set up with an initial investment of Rs. 250 crore.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content