Keventer, Saroj Poddar groups launch Rs 400-cr real estate debt fund
Keventer Group and Saroj Poddar Group proudly unveil a Rs 400-crore investment fund tailored for real estate ventures. This fund implements a secured debt financing approach, focusing its efforts on projects within the Delhi-NCR and West Bengal regions. The enthusiastic sponsors, having pledged Rs 80 crore, are optimistic about the fund's prospects, which aims for a...
Key Takeaways
- Keventer Group and Saroj Poddar Group proudly unveil a Rs 400-crore investment fund tailored for real estate ventures.
- This fund implements a secured debt financing approach, focusing its efforts on projects within the Delhi-NCR and West Bengal regions.
- The enthusiastic sponsors, having pledged Rs 80 crore, are optimistic about the fund's prospects, which aims for a substantial gross internal rate of return between 18 and 22 percent.
Keventer Group and Saroj Poddar Group proudly unveil a Rs 400-crore investment fund tailored for real estate ventures. This fund implements a secured debt financing approach, focusing its efforts on projects within the Delhi-NCR and West Bengal regions. The enthusiastic sponsors, having pledged Rs 80 crore, are optimistic about the fund's prospects, which aims for a substantial gross internal rate of return between 18 and 22 percent.
Original Publisher Attribution
This summary was curated from Economic Times.