For funding of real estate projects in affordable/ mid income housing segments
The Board of Prestige Estates Projects at its meeting held on 07 February 2018 has approved entering into platform deal (framework agreement) for an arrangement between the company and HDFC Capital Advisors, a 100% subsidiary of HDFC (through its investment funds) for taking up real estate developments across various geographies in the affordable/ mid income housing segments through a mix of equity and debt funding. The total corpus of the platform is approximately Rs 2500 crore.Powered by Capital Market - Live News