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Altico Capital has invested Rs 180 crore in Seth Corp
Altico Capital, the non-banking financial company has infused Rs 180 crore in a Mumbai-based realty developer Sheth Corp.
The money are going to be utilised predominantly for the construction of a residential project ‘Project Zuri’ in Thane.
Altico Capital has said in a statement that the project has got a good response in its recent pre-launch sales which establishes the marketability of the product.
It added that “Sheth Corp secured Rs 180 crore in long-term debt funding from Altico Capital.”