Puravankara to raise $300 mn to fund projects

Article Date : 03 September 2008
News Section: India

Bangalore-based realty developer Puravankara Projects is planning to raise nearly $300 million (Rs 1,320 crore) to fund its new projects and buy land in the current financial year. The company will be raising $150 million through bank debts to fund new projects and the remaining from private equity investors for buying land, said Ravi Ramu, director...

Like this? Then share with your friends and colleagues!

Article provided by Indiaproperty.com.
Read the full article here: http://propertybytes.indiaproperty.com/?p=2633

DISCLAIMER: The opinions expressed here are the views of the author of this news item and do not necessarily reflect the views and opinions of Propertyshowrooms.com.