Housing Development Finance Corporation has on 28 June 2023 acquired 612 equity shares of Xanadu Realty (Xanadu) representing 5.46% of its paid-up equity share capital upon conversion of 938 compulsorily convertible debentures held by it in Xanadu.

Xanadu is inter alia engaged in sales, marketing and project management consulting services for real estate. Xanadu advises and assists real estate developers in providing strategic sales related and go-to-market guidance, and marketing operations services to garner their business and assist them in the market launch in respect of their real estate projects planning, visualization and quality delivery.