IFC proposes up to $150m investment in HDFC Capital's real estate fund

IFC proposes up to $150m investment in HDFC Capital's real estate fund

Photo: Bloomberg

World Bank Group member International Finance Corporation (IFC) is considering an investment of up to $150 million in the latest real estate-focused fund of HDFC Capital, the real estate private equity arm of India’s HDFC Group, according to a disclosure.

Edited by: Pramod Mathew