New Delhi, Aug. 1 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with HDFC Capital Advisors Limited to support innovation and startups in the affordable housing and property technology (PropTech) sectors.

The collaboration underscores DPIIT's broader mission to nurture an inclusive, innovation-led startup ecosystem in line with the national objectives of Atmanirbhar Bharat and Viksit Bharat@2047.

A central pillar of the partnership is the H@ART Programme-HDFC Affordable Real Estate and Technology Programme-launched by HDFC Capital.

The initiative is designed to improve efficiency and reduce costs in the residential real estate development cycle by promoting strategi...