ATS HomeKraft Sets New Benchmark, Repays Full ₹1,250 Crore to HDFC Capital Fund Entirely from Internal Cash Flows

New Delhi, November 24, 2025: In a rare industry move that underscores strong operational performance, realty major ATS HomeKraft has completed a full ₹1,250 crore repayment to HDFC Capital Affordable Real Estate Fund – 2 (HCARE-2) entirely through internal cash flows – marking one of the few instances in India’s residential real estate where a developer has achieved such a significant exit without third-party refinancing.

The repayment, sourced directly from project revenues, highlights both the sustained demand in the mid-income housing segment and ATS HomeKraft’s execution capabilities. The HCARE-2 portfolio with ATS comprised projects with over 7,500 units having a total sales value of approximately ₹8,000 crore.

The funding, largely committed during the pandemic slowdown, has been fully repaid ahead of its 2025 schedule, underscoring robust demand in the mid-income housing segment and the developer’s disciplined execution.

Getamber Anand, Chairman of ATS Group, said, “This exit to HDFC Capital is a testament to our 35-year legacy as a fully vertically integrated developer and underscores our focus on developing homes that are designed for the end user.”

According to Vipul Roongta, CEO and MD of HDFC Capital, and Pankaj Khanna, Associate Principal, Investments and Technical, HDFC Capital, the partnership reflects the fund’s confidence in developers who maintain execution discipline and strong consumer traction. “Most projects in the portfolio have seen prices nearly triple in 4–5 years, signalling strong unmet demand for quality mid-income housing,” they said.

The company’s financial strength extends beyond this single transaction. Recently, ATS also prepaid ₹190 crore to the government-backed SWAMIH Investment Fund I for its “ATS Marigold” project on Dwarka Expressway, said Udaivir Anand, further reinforcing the group’s robust cash flow position and strengethedned balance sheet metrics.

Looking ahead, ATS HomeKraft has marked its entry to the high-growth Dwarka Expressway corridor in Gurugram and is preparing a new launch in 2026 backed by ₹250 crore from H-CARE 3. With an expanding pipeline across North Delhi, Noida, Gurugram, Sohna, Vrindavan and Ghaziabad, the developer is consolidating its position as a multi-city player in the mid-income segment.

Corporate Comm India (CCI Newswire)