new delhi hdfc capital real estate fund a wholly owned subsidiary of hdfc has taken a significant minority equity stake in delhi ncrbased real estate major ats subsidiary homekraftthe joint venture will invest over rs 2000 crore for the development of affordable and midincome housing across india with a mix of internal accrual debt and private equity fund a senior manager involved in the deal said hdfc capital will take around 20 stake in homekraftour funds will provide flexible financing to homekraft to meet its capital requirements and address the demandsupply gap in affordable housing in india hdfc managing director renu sud karnad said in a statementweve had a persistent demand for affordable and mid segment housing from prospective aspirational customers but the affordability is an issue we are very happy to partner with hdfc capital to work together to develop homes in affordable and midincome segment under homekraft getamber anand cmd ats group said