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Business
HDFC Capital and Shalimar Launch ₹750-Crore Real Estate Platform in Uttar Pradesh
✍️ The Economic Times
🗓 01 Oct 2026, 09:32 AM
👁 16
HDFC Capital and Shalimar have partnered to create a ₹750‑crore platform aimed at boosting real‑estate investment in Uttar Pradesh. The initiative seeks to streamline funding and project development across the state.
HDFC Capital, the investment arm of the HDFC Group, has teamed up with Shalimar, a prominent real‑estate developer, to launch a dedicated platform worth ₹750 crores for the Uttar Pradesh market.
The platform will provide structured funding solutions and facilitate project approvals for residential and commercial developments across the state. By combining HDFC Capital’s financial expertise with Shalimar’s local market knowledge, the partnership aims to accelerate real‑estate growth in key urban and semi‑urban centres.
Industry analysts say the move could attract additional investment into Uttar Pradesh’s housing sector, which has seen rising demand in recent years. Both parties have expressed confidence that the platform will streamline processes and reduce time to market for new projects.
The launch event was held in Lucknow, with senior officials from both organisations outlining the platform’s features and expected impact on the state’s real‑estate landscape.
The platform will provide structured funding solutions and facilitate project approvals for residential and commercial developments across the state. By combining HDFC Capital’s financial expertise with Shalimar’s local market knowledge, the partnership aims to accelerate real‑estate growth in key urban and semi‑urban centres.
Industry analysts say the move could attract additional investment into Uttar Pradesh’s housing sector, which has seen rising demand in recent years. Both parties have expressed confidence that the platform will streamline processes and reduce time to market for new projects.
The launch event was held in Lucknow, with senior officials from both organisations outlining the platform’s features and expected impact on the state’s real‑estate landscape.