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Investcorp exits Rs 135-cr structured credit investment in PBEL City

Deal is a milestone for firm's India residential credit biz; Against Rs 1,500 cr raised for this strategy, Investcorp has already made profitable exits exceeding Rs 1,350 crore in gross proceeds

Topics
Investcorp | Residential projects

Deepsekhar Choudhury  |  Bengaluru 



Home bu­yers have been leaning towards completed inventory and developers with a track record of on-time as well as quality project completion.

Investcorp, an investment manager specialising in alternative investments, on Wednesday said that it has exited its structured credit investment in Hyderabad-based developer INDIS.

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First Published: Wed, December 01 2021. 16:27 IST

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