Published On:November 2 2011
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HDFC Realty Fund To Invest Rs 200Cr In Gurgaon Project
A fund managed by Housing Development Finance Corp. will invest about 2 billion rupees ($41 million) in one of the projects of New Delhi-based real estate developer ATS Infrastructure Ltd. The investments from HDFC would be for the developer's Gurgaon project near the national capital. ATS is building two large residential projects in Gurgaon with an investment of over 5.4 billion rupees. The company plans to complete the projects in three year