Altico Capital invests Rs 430 crore in real estate player Supertech

December 23, 2017

NEW DELHI: Realty firm Supertech has raised Rs 430 crore from Altico Capital to fund its ongoing housing project in Noida and repay debt. Altico Capital CEO Sanjay Grewal said the investment targets Supertech's Capetown project in Noida’s Sector-74, and includes the ORB and CapeLuxe Towers. In September, Supertech raised Rs 350 crore from L&T Finance to complete its 'Eco-Village 1' housing project.

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