Mumbai: The Housing Lender HDFC today announced closure of its first sponsored HDFC International Real Estate Fund (HIREF) at $800 million, which would be invested in FDI-compliant Indian real estate plans.
According to a company release, the fund makes HDFC the biggest player in the realty private equity space in India.
One of the prime international realty pools, the nine-year close-ended fund, which was open only to foreign investors had been privately placed and subscribed by 28 investors.
may possibly form the alternative banking holding structure that the Reserve 
The Reserve Bank of India (RBI) has appro
Mumbai: The Reserve Bank of India (RBI) is not supporting
