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Altico Capital has invested Rs 180 crore in Seth Corp

March 3, 2017

Altico Capital, the non-banking financial company has infused Rs 180 crore in a Mumbai-based realty developer Sheth Corp. 

The money are going to be utilised predominantly for the construction of a residential project ‘Project Zuri’ in Thane.

Altico Capital has said in a statement that the project has got a good response in its recent pre-launch sales which establishes the marketability of the product.

It added that “Sheth Corp secured Rs 180 crore in long-term debt funding from Altico Capital.”

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