ATS HomeKraft said it has repaid Rs 1,250 crore to HDFC Capital Affordable Real Estate Fund 2. (File) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Realty firm ATS HomeKraft has repaid Rs 1,250 crore to HDFC Capital's property fund, utilising its strong internal cash flows amid strong housing demand.
In a statement on Sunday, ATS HomeKraft said it has repaid Rs 1,250 crore to HDFC Capital Affordable Real Estate Fund 2 (HCARE-2).
The company said it has given the full exit to HDFC Capital's realty fund through cash flows generated entirely from its project portfolio and has not done any refinancing.
The HCARE-2 portfolio with ATS HomeKraft comprised more than 7,500 housing units, with an estimated total sales value of around Rs 8,000 crore.
In 2018, ATS group establis

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