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“The Securities and Exchange Board of lndia (Sebi) has granted its in-principle approval for the change in control of HDFC Property Ventures Limited, a wholly-owned subsidiary of HDFC Ltd which is the investment manager of HDFC India Real Estate Fund III (HIREF III),” HDFC Ltd said in a regulatory filing on Wednesday.

Earlier this month, HDFC Bank received banking sector regulator RBI’s nod for the proposed merger. Pic: https://twitter.com/HomeLoansByHDFC
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