Page 34 - சிஇஆர்பிஇஆர்யுவ்எஸ் மூலதனம் மேலாண்மை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HDFC Capital and Cerberus Partner to Form a Special Situations Platform for the Indian Residential Real Estate Sector Posted On: 2021-04-01 08:44:50 (Time Zone: Arizona, USA) HDFC Capital Advisors Limited ( HDFC Capital ) and an affiliate of Cerberus Capital Management, L.P. ( Cerberus ) have partnered to target the creation of a special situations platform (the Platform ) focused on high-yield opportunities in the Indian residential real estate sector. The Platform will seek to purchase inventory and provide last-mile funding for under construction residential projects across India, among other real estate-related opportunities. The development of the Platform is in response to a series of shocks to the Indian residential real estate market that have created a significant need for capital. Many buyers have been unwilling to fund projects in advance of completion while traditional financing channels have come under severe pressure. The Platform intends to partner with qual

United statesFrank brunoVipul roongtaDeepak parekhIndranil ghoshCapital advisors limitedCerberus partnerSpecial situations platformIndian residential real estateTime zoneAdvisors limitedCerberus capital managementCo chief executive officerManaging directorChief executive officerMutual funds