Omkar Realtors raises Rs. 125 crore from KKR India Asset Finance Pvt. Ltd
Omkar Realtors & Developers Pvt. Ltd has raised Rs. 125 crore of debt from KKR India Asset Finance Pvt. Ltd, a local unit of the global private equity firm.
The three-year facility has been raised through Accord Builders, an Omkar group firm. The money would be used to finance construction of two residential projects near Bandra Kurla Complex (BKC) in Mumbai.
KKR India Asset Finance is a non-banking financial company (NBFC) set up four years ago to focus on lending to residential projects in top cities in India.