housing

The Fed is watching housing ‘carefully’ and hopes builders catch up to the red-hot market, Chair Powell says

The Fed is “carefully” watching the housing market as huge demand sends prices soaring, Chair Jerome Powell said. The central bank doesn’t see “the kind of financial stability concerns” that fueled the 2008 crash, he added. Powell said he hopes homebuilders react “and come up with more supply,” which would also boost job growth. See … Read more

HDFC Capital invests Rs 275 cr in mid-income housing project of Kalpataru

The deal is in the form of structured debt. The investments were made from HDFC Capital Affordable Real Estate Fund (Hcare fund 1 & 2) which has a corpus of $ 1.1 billion. Abu Dhabi sovereign fund ADIA is a key investor in the fund. In the first investment by any private equity fund manager … Read more

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