HDFC Capital, Shalimar Launch Rs 750 Crore Uttar Pradesh Property Platform
HDFC Capital Advisors and Shalimar Corp have formed a Rs 750 crore real estate development platform aimed at residential and mixed-use projects in Uttar Pradesh, with an initial focus on Lucknow and Varanasi. The venture is expected to support more than 5 million sq ft of development potential and roughly 3,000 homes, underscoring continued institutional interest in select tier-II housing markets.
