Rajesh Lifespaces raises Rs 100 crore

Rajesh Lifespaces raises Rs 100 crore
10/10/2016 , by , in News/Views

Realty developer Rajesh Lifespaces has raised Rs 100 crore from Altico Capital, a non-banking finance company (NBFC), for a residential project.

“Rajesh Lifespaces raised Rs 100 crore in a structured transaction for a residential project located in South Mumbai being developed on a joint development basis along with the Suvidha group,” Altico Capital said.

In last few months, Altico Capital has completed several deals including Rs 300 crore deal with Pune-based Kumar Urban, Rs 240 crore investment with Marvel Realtors, Rs 180 crore transaction with Pharande and Rs 200 crore with Legacy Group in Bengaluru.

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