TVS Emerald and HDFC Capital inks JV for Plotted Development Projects in South India

TVS Emerald and HDFC Capital inks JV for Plotted Development Projects in South India

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1 year(s) ago

TVS Emerald and HDFC Capital Join Forces for ₹1,000 Crore Plotted Development Platform in South India. Emerald Haven Realty Ltd (TVS Emerald) and HDFC Capital Affordable Real Estate Fund – 3 (managed by HDFC Capital Advisors Limited) announced a strategic partnership to create a ₹1,000 crore platform for plotted development projects across Chennai and Bangalore. TVS Emerald and HDFC Capital inks JV for Plotted Development Projects in South India

Focus on Affordable Housing:

  • This platform aims to cater to the rising demand for high-quality plotted developments at affordable prices in South India.

Partnership Strength:

  • TVS Emerald: A trusted real estate brand with a proven track record in Chennai and a recent foray into Bangalore.
  • HDFC Capital: A leading financial institution committed to supporting affordable housing initiatives.

Quotes:

  • Sriram Iyer, President & CEO, TVS Emerald: “This partnership allows us to expand our plotted development portfolio in the South Indian market, leveraging our experience and HDFC Capital’s expertise.”
  • Vipul Roongta, MD & CEO, HDFC Capital Advisors Limited: “We are excited to partner with TVS Emerald to address the growing need for affordable housing solutions in Chennai and Bangalore.”

Significance:

This collaboration will provide homebuyers in Chennai and Bangalore with greater access to well-developed plotted development projects at competitive prices. It strengthens TVS Emerald’s presence in the plotted development segment and highlights HDFC Capital’s commitment to supporting affordable housing initiatives in key Indian cities.

 

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in

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