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Synopsis Around Rs 200 crore of this funding will be utilised to offer complete exit to existing lenders, including Piramal Capital. The balance amount will be used to support construction of the company’s existing projects and future growth. Agencies ATS Group had set up ATS HomeKraft in 2018 to develop mid-income and affordable housing projects across India, starting with the Delhi-National Capital Region. HDFC Capital Advisors, the wholly-owned private equity arm of India s largest mortgage lender HDFC, has invested Rs 400 crore in ATS HomeKraft that focuses on mid-income and affordable housing. The fund has made this investment in the NCR-based ATS Group arm through a mezzanine debt structure. ....
New Delhi [India], February 5 (ANI/NewsVoir): Prasoon Chauhan, former Co-founder and CEO of ATS Homekraft, has founded his next venture BlackOpal with the primary objective of providing strategic solutions to real estate projects throughout their life cycle. ....