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Piramal aims to work with property developers, revive distressed projects

International Finance Corporation (IIFC), the investing arm of the World Bank, is planning to put around $100 million in the new fund, alongside the sponsors' investment of $200 million

Topics
Piramal Housing Finance  |  Cdpq  |  Assets Under Management

Raghavendra Kamath  |  Mumbai 



Khushru Jijina
Khushru Jijina, managing director of Piramal Capital, said the company would be investing over Rs 22.50 billion in residential projects in the next one year

Piramal Capital and Housing Finance is looking to work with distressed property developers and turn around projects.

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First Published: Sat, July 28 2018. 23:05 IST


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