Arvind SmartSpaces Limited (ASL), an Indian real estate developer, said that its board of directors has sanctioned its plan to raise nearly INR 85 crores by allotting 6.85 million shares. According to the company, the shares were allotted to HDFC Capital Affordable Real Estate Fund-1 (H-CARE 1) and to its own promoters at the price […]
HDFC Capital Advisors, a subsidiary of HDFC, has entered into a partnership with an affiliate of US private equity firm Cerberus Capital Management for creating a special situations platform for the Indian residential real estate sector. The special situations platform will pursue buying of inventory and offer last-mile funding for under construction residential projects in […]
