News
Eldeco raises Rs 275 cr from Tata Capital HFL
Eldeco Group has raised Rs 275 crore in debt from Tata Capital Housing Finance Ltd (TCHFL). The real estate developer plans to deploy the capital raised in mid-income residential projects in Delhi NCR, said a press release.
Both the projects have been launched and are currently under construction, said the release. The first, it said, is a 2.1 million sq. ft. project in Noida and the second is a 1.2 million sq ft project in Sohna, Gurugram. Eldeco has currently invested Rs 175 crore in both the projects, added the release.
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