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HDFC Capital Advisors launches new digital affordable housing initiative


Capital on Thursday announced the launch of a new initiative that seeks to mentor, partner and invest in companies that drive innovation and efficiencies within the affordable housing ecosystem.

As part of Affordable Real Estate and Technology Programme (HeART), Capital will provide a platform to companies with innovative products aimed at creating efficiencies and lowering costs in each part of the development cycle.

believes that technology will play a significant role in the development of ecosystem for affordable housing, it said in a statement.

All processes like land approvals, planning and design, construction, project management, sales and are likely to undergo significant change due to in the near term.

"HDFC's endeavour is to act as an enabler to the growth of affordable housing in the country," said "HeART will support businesses which are innovating and building to enhance the supply of affordable housing."


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 16 2019. 18:32 IST