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.
Mumbai: Bank of Baroda has slashed the interest rate on housing loans up to 50
may possibly form the alternative banking holding structure that the Reserve 
