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Eldeco raises Rs 275 cr from Tata Capital Housing Finance
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financialexpress.comLeading real estate developer Eldeco Group has raised Rs 275 crore in debt from Tata Capital Housing Finance Ltd (TCHFL), a wholly-owned subsidiary of Tata Capital Ltd. The Eldeco Group plans to deploy the capital raised in mid-income residential projects in Delhi NCR.
The Group so far has delivered 175 projects with approximately 30 million sq ft of real estate development. The fund infused by TCHFL will focus on Eldeco’s 2 residential mid-income projects in the NCR. Both the projects have been
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