NIIF's FoF invests $90m in HDFC's affordable housing platform

NIIF's FoF invests $90m in HDFC's affordable housing platform

Photo: Indranil Bhoumik/Mint

The National Investment and Infrastructure Fund (NIIF)’s Fund of Funds has invested Rs 660 crore ($90 million) in HDFC Capital Advisors Ltd’s real estate investment platform HDFC Capital Affordable Real Estate – 2 (H-CARE 2).

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