Non-banking financial company (NBFC) Altico Capital today said it has infused Rs 180 crore in Mumbai-based realty developer Sheth Corp.The money will be utilised predominantly for the construction of a residential project ‘Project Zuri’ in Thane.
The project has received a good response in its recent pre-launch sales which establishes the marketability of the product, Altico Capital said in a statement.
“Sheth Corp secured Rs 180 crore in long-term debt funding from Altico Capital,” it added.
Read more: India.com
