{"id":7164,"date":"2015-10-16T09:07:49","date_gmt":"2015-10-16T09:07:49","guid":{"rendered":"https:\/\/tvh.in\/demo\/tvh\/?post_type=news-events&p=7164"},"modified":"2021-12-03T09:08:09","modified_gmt":"2021-12-03T09:08:09","slug":"hiref-hdfc-international-realty-fund-pick-up-26-in-chennai-township-project","status":"publish","type":"news-events","link":"https:\/\/tvh.in\/demo\/news-events\/hiref-hdfc-international-realty-fund-pick-up-26-in-chennai-township-project\/","title":{"rendered":"HIREF-HDFC International Realty Fund pick up 26% in Chennai township project"},"content":{"rendered":"

HIREF-HDFC International Realty Fund pick up 26% in Chennai township project<\/h2>\n

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Publication Name<\/td>\nLive mint<\/td>\n<\/tr>\n
Headline<\/td>\nHIREF-HDFC International Realty Fund pick up 26% in Chennai township project<\/td>\n<\/tr>\n
Date<\/td>\nOctober 16, 2015<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Link: http:\/\/www.livemint.com\/Companies\/ra3iTvOcKTwPASZoBFuDIM\/HIREFHDFC-International-Realty-Fund-pick-up-26-in-Chennai.html<\/a><\/div>\n<\/div>
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HIREF International Llc-HDFC International Realty Fund picked up a 26 % stake in Tarendra Infrastructure Pvt Ltd, a special purpose vehicle (SPV), for Rs.100 crore. The SPV is promoted by Chennai-based True Value Homes to develop real estate plots at Manivakkam near Tambaram, a suburb of the city.<\/p>\n

The pre-launch interest for these plots has been good so HDFC Property Fund decided to invest despite a general sluggishness in the real estate market, said K.G Krishnamurthy, CEO and managing director, HDFC Property Fund.<\/p>\n<\/p>\n<\/div>\n<\/div><\/div>