Home   >>    Loan   >>    Home Loan   >>     Overview
Get Home Loan Offers
A maximum of 5 providers will compete to give you the best rates (Dec 2016)
 
 
 
Yes No    
 

Preferred Banks
  •  Any 5
  •  INDIABULLS
  •  ICICI BANK
  •  HDFC
  •  AXIS BANK
  •  KOTAK BANK
  •  DHFL
  •  STAN CHART
  •  HSBC
  •  CITIBANK
  •  RELIANCE
  •  IDBI BANK

 
 
 
 
 
 

I authorize the website and its partner providers like HDFC Ltd, ICICI Bank, DHFL and other banks/NBFCs to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use

HDFC raises $800 mn international realty fund for India

On August 30, HDFC announced the closure of its first sponsored HDFC International Real Estate Fund (HIREF) at $800 million that will be invested in FDI-compliant Indian realty projects

Apnaloan.com Research Bureau

03 Sep 2007

HDFC announced the closure of its first sponsored HDFC International Real Estate Fund (HIREF) at $800 million on August 30. This will be invested in FDI-compliant Indian realty projects.

HIREF makes HDFC the largest player in the real estate private equity space in India. One of the largest international real estate pools, the nine-year close-ended fund, that was open only to foreign investors had been privately placed and subscribed by 28 investors.

The fund will have a conservative approach and will invest in residential, commercial, hospitality, education, healthcare and developers' entity level.

The fund's strategy is to invest in these companies and manage its funds in a manner that enables realty developers to harness growing Indian economy and develop profitable ventures.