HDFC Capital, a real estate private equity firm belonging to the HDFC Group, has exited the Total Environment project in Bengaluru. The company has invested around Rs. 229 crore in this project related to residential apartments to be built in an area of 10 lakh square feet in Whitefield.
It recently came out with returns of around Rs. 300 crore. “This is a great milestone for all our stakeholders. We have added great value to their share,” said Kamal Sagar, founder of Total Environment.