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Investment Fund

Hdfc Capital Affordable Real Estate Fund-1

Overview

HDFC Capital Affordable Real Estate Fund 1 (H-CARE-1) is a $450 million, closed, 2016-vintage real estate debt fund co-managed by Housing Development Finance Corporation and HDFC Capital. Combined with H-CARE-2, the two funds form a $1.1 billion platform for affordable and mid-income housing across 20 Indian cities.

Key Facts

Vintage year
2016
Managed by
Hdfc Capital
Fund size
USD 450M
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Last updated April 18, 2026