Hyderabad, March 24 -- HDFC Capital, the real estate private equity arm of HDFC Group, on Monday said it has partnered with Total Environment, one of South India's leading real estate developers, to form a Rs 1,300 crore platform for the development of high-quality homes in Bengaluru.
This strategic collaboration will add an additional 6.5 million square feet of new residential projects to the ongoing 16 million square feet of residential projects being developed by Total Environment, a release said here.
The new residential projects will have a combined GDV of Rs 10,100 crores, which will be delivered over the next four to five years.
The partnership will develop sustainable greenfield residential projects enhancing the city's housing l...