Advancing properties and enhancing localities.
Altico Capital invests Rs 130 crore in two projects
City-based NBFC Altico Capital has invested Rs 130 crore in two residential projects in the megapolis and the NCR. “Altico, with a focus on senior secured lending to residential projects in the real estate sector across Tier-1 cities in the country, closed two deals aggregating Rs 130 crore in NCR and Mumbai,” the company said in a statement. The NBFC has closed a Rs 50 crore transaction with Noida-based Lotus Greens group for a residential project named ‘Arena I’, which is part of a larger Sports City development in the city.