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India property fund plans to raise US$500m

HDFC Property Fund eyes funding from GIC, Temasek and Oman's SWF

New Delhi

A PRIVATE equity fund set up by Housing Development Finance Corp (HDFC), India's biggest mortgage lender, is targeting raising US$500 million to invest in residential real estate projects, said people directly involved in the process.

HDFC Property Fund plans to raise...

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