HDFC Capital Advisors plans to double its fund base from $4.5 billion to $9 billion over three years, CEO Vipul Roongta told Bloomberg TV. The move follows a recent investment from the Development Bank of Japan and signals growing confidence in India’s affordable‑housing market.

Global investors from the Middle East, Europe, Korea and Japan now seek long‑term positions in India’s middle‑income housing sector. Currency swings and short‑term volatility have not deterred commitments, as the firm emphasizes a mid‑to‑long‑term outlook.

Doubling the fund base will expand HDFC Capital’s deployment capacity, allowing it to source larger projects and deepen its presence in the sector. The strategy positions the firm to capture a larger share of India’s housing boom, offering investors a foothold in a high‑growth market.