HDFC, Cerberus to create special situations platform for Indian residential real estate sector

HDFC, Cerberus to create special situations platform for Indian residential real estate sector

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 […]