HDFC Capital Advisors to mentor proptech companies

HDFC Capital Advisors Ltd, a wholly-owned subsidiary of India’s largest mortgage lender HDFC Ltd, will now mentor, partner and invest in property technology companies that drive innovation and efficiencies within the affordable housing ecosystem. HDFC Capital, through its new initiative -- HDFC Affordable Real Estate and Technology Program (HeART) -- will provide a platform to real estate technology companies with innovative products aimed at creating efficiencies and lowering costs in each part of the development cycle of a real estate project. HDFC Capital Advisors, the largest realty private equity fund in India focused on affordable and mid income residential housing, has invested over $1 billion over the past two years with marquee developers across the country in the affordable and mid-income housing space.