NEW DELHI: HDFC Capital Advisors, the private equity arm of HDFC Group, has launched a ₹1,000 crore platform in collaboration with Hero Realty, the real estate division of Hero Enterprise, aimed at developing housing projects in tier-I and tier-II cities across India.
Currently, Hero Realty is working on five projects with a total potential of 6.4 million sq ft, along with an additional eight million sq ft in five projects planned for the future.
Vipul Roongta, MD & CEO of HDFC Capital, stated, “This partnership will facilitate housing development in well-connected towns that serve as extensions of major metros and employment hubs.”
Over the past two years, HDFC Capital has significantly increased its involvement in the residential market through various substantial investments. In 2025 alone, it invested ₹1,150 crore in Provident Housing and ₹1,500 crore in Eldeco Group, followed by ₹1,300 crore in Total Environment in March. Previously, it invested ₹1,150 crore in Runwal Enterprises in November 2024 and ₹1,450 crore in Kalpataru in March 2023.
