HDFC Bank Ltd.

HDFC banks’ subsidiary -- HDFC Capital Advisors is set invest Rs 1500 crore in Eldeco Group's 18 residential projects across tier II-III cities and has created a real estate development platform in partnership with Eldeco Housing and Industries’ subsidiary -- Eldeco Infrastructure and Properties (Delhi-based Eldeco Group). The platform will develop 18 residential projects in tier II-III cities including Panipat and Sonipat (Haryana), Ludhiana (Punjab), Kasauli (Himachal Pradesh), Rudrapur and Rishikesh (Uttarakhand). The said projects expected to have a total revenue potential of about Rs 11,000 crore. HDFC Capital Advisors intends to promote innovation and the adoption of new technologies within the real estate sector by investing in and partnering with technology companies.

Recently, the HDFC Capital Advisors had invested Rs 1,300 crore in a platform with Total Environment, a realty firm, for development of Rs 10,000 crore worth housing projects in Bengaluru.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.