 "real estate")
HDFC Capital, the property fund-management arm of HDFC, is in talks with leading developers in Kolkata and Ahmedabad to float an affordable housing platform, said a source. The names of the developers could not be ascertained.
In an investment platform, which is like a joint venture, a PE fund brings in capital and a developer identifies land parcels and develops multiple projects.
HDFC Capital has floated at least five platforms for affordable housing with developers such as Mahindra Lifespaces, Tribeca and Rustomjee for west India and with Prestige Estates for south India. It also picked up a stake in ATS Homekraft, the
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