Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

HDFC Capital Advisors, Tribeca Developers form housing platform for realty projects

Friday, 15 Mar 2019
Share this on :
HDFC Capital Advisors and realty firm Tribeca Developers on 14 March 2019 announced Rs 500 crore fund for development of mid-income housing projects in Mumbai and Delhi-NCR. The projects will be developed by Tribeca Developers, which is developing two Trump Tower projects in Kolkata and Gurugram.

The money will be invested through a combination of debt and equity. The two entities have already identified its first project in Gurugram where around 600 flats will be constructed.

The company has already tied up with a local developer who owns the land. This project will be developed at a construction cost of around Rs 300 crore. HDFC Capital has already put in Rs 135 crore as debt in this first project.

This platform will leverage Tribeca’s asset light model of acquiring projects from the existing developers through a joint venture (JV) and development management structures. HDFC Capital Advisors manages two affordable housing funds -- HDFC Capital Affordable Real Estate Fund I and II -- which collectively have a corpus of around USD one billion.

Tribeca Developers is currently developing five projects with a total value of Rs 6,500 crore across Mumbai, NCR and Kolkata.

 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your free trial
REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

Username:

Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services