The Development Bank of Japan (DBJ) and HDFC Capital have entered a partnership to support affordable and mid-income housing projects in India through a fund targeting total investments of up to US$1 billion.
The initiative will focus on expanding housing development while supporting sustainable urban growth and increasing access to affordable residential projects.
- The housing platform targets investments of up to US$1 billion
- The fund will focus on affordable and mid-income housing projects
- The partnership marks DBJ’s first real estate investment in India
- Investor commitments have already exceeded US$350 million
The partnership highlights growing international interest in India’s housing sector as demand for affordable residential developments continues to increase.
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