Supertech raises Rs.430 crore from Altico Capital

December 22, 2017

Supertech which is a realty firm has raised Rs.430 crore from Altico Capital, for funding its current housing project in Noida and repaying its debt.

Sanjay Grewal, Altico Capital CEO stated that, the investment is for the development of Supertech’s Capetown project in Sector-74, Noida, which includes ORB and CapeLuxe Towers.

Further, Supertech Chairman R K Arora stated, “This investment will enable us to deliver our projects in Sector 74 of Noida, with an aim to deliver ORB within 18-24 months.”

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