Business Economy


HDFC Capital partners with Total Environment to form Rs 1,300 cr platform

Hyderabad, Mar 24 (UNI) 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 landscape by providing quality living spaces for its residents.
Commenting on the transaction, Vipul Roongta, Managing Director & CEO, HDFC Capital said, “ Our collaboration with Total Environment helps address the significant demand for sustainable, high-quality homes for mid-income and upper mid-income households in India.”
Kamal Sagar, Founder, Total Environment,Executive said "We are glad to build upon and deepen our long-standing partnership with HDFC Capital. The investment provides long-term and flexible capital to fund and develop large, vibrant residential communities, and includes investment into some of our ongoing projects to help deliver them faster. This collaboration will help further our mission to continuously improve our products and services through care and craftsmanship.”
This platform marks the fourth investment by HDFC Capital in Total Environment, highlighting their strategy of partnering with top-rated developers. Two of the three existing investments have resulted in successful exits, creating significant value for all stakeholders.
UNI KNR CS
More News

Hyderabad-based CtrlS Datacenters to invest Rs 500 Cr in Greenfield data centre in Bhopal

29 Apr 2025 | 3:07 AM

Hyderabad, Apr 28 (UNI) CtrlS Datacenters Ltd, which operates 15 data centres across eight key markets, on Monday announced an investment of Rs 500 crore for a greenfield data centre in Bhopal (Madhya Pradesh).

see more..

Bridgestone India opens four new select outlets in Hyd

29 Apr 2025 | 12:35 AM

Hyderabad, Apr 28 (UNI) Bridgestone India, part of the Bridgestone group, a global leader in tyres and rubber that provides solutions for safe and sustainable mobility, on Monday announced it has further expanded its Flagship Select Store network by launching additional four new Select outlets in Hyderabad.

see more..

TVS achieves over 4 7 mn unit sales

28 Apr 2025 | 9:19 PM

Chennai, Apr 28 (UNI) Two and three-wheeler makers TVS Motor Company achieved four million unit sales and posted highest ever revenue for the financial year 2024-25 at Rs. 36,251 Crores registering a growth of 14% as against Rs. 31,776 Crores recorded in 2023-24.

see more..

Make in India, Made for the world Hyundai ‘Brand i10’ exceeds 3 mn sales milestone

28 Apr 2025 | 9:03 PM

Chennai, Apr 28 (UNI) Committed to the vision of ‘Make in India, Made for the World,’ passenger
car makers Hyundai Motor India Limited (HMIL) on Monday announced that its brand i10 has
scaled over 3.3 million unit sales in India and export markets.

see more..

AP: SEIL Energy’s Fire Brigade responds to 157 community medical & fire emergencies

28 Apr 2025 | 7:46 PM

Nellore (Andhra Pradesh), Apr 28 (UNI) SEIL Energy India Limited, one of the largest Independent Power Producers (IPP) in India, concluded the National Fire Service Fortnight with a Valedictory Ceremony here on Monday.

see more..