Altico Capital invests Rs 100 crore more in Pune realtor Pharande Read more at: //economictimes.indiatimes.com/articleshow/66413905.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Realty Quarter Bureau - October 30, 2018

MUMBAI- In the middle of an ongoing liquidity mayhem and credit squeeze, Abu Dhabi Investment Councilbacked real estate-focused non-banking financial company (NBFC) Altico Capital India has extended funding of ₹100 crore to Pune-based realtor Pharande Group, said two persons with direct information of the development.

“The new funding is a top-up transaction as the developer is an existing borrower of Altico. This is an extension of an existing relationship,” said one of the persons men ..

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