Piramal Fund to invest Rs2,320 crore in Lodha’s World Towers Mumbai4 min read . Updated: 02 Sep 2016, 02:20 PM IST
The investment is perhaps the single largest debt-financing deal in Indian real estate; funds to be used to provide an exit to HDFC Property Fund as well
Piramal Fund Management Pvt. Ltd will invest ₹ 2,320 crore in Lodha Developers Pvt. Ltd’s signature World Towers project in central Mumbai, in what is probably the single largest debt financing deal in Indian real estate.
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