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Indians Are Purchasing Homes on Future Income

India’s housing market is witnessing a major shift as rising property prices push buyers to depend more on loans than savings. Instead of saving for years before purchasing a homes,…

HDFC Capital closes $1.8-billion fund for affordable housing

India’s HDFC Capital, a private equity investment manager, said on Sunday it has raised $1.8 billion from investors, lead by a unit of sovereign wealth fund Abu Dhabi Investment Authority…