NBFC Altico Capital has invested Rs 200 crore in Bengaluru-based Legacy Group, making its total investment in Bengaluru Rs 600 crore over the past 12 months. In January, the company had announced plans to invest Rs 2,500 crore every year for the next five years in the Indian real estate market.
It had earlier invested in Century and Unishire Group in Bengaluru. The funding is proposed to be used by the developer towards refinancing some existing lenders and for funding various construction projects.
Contact: Altico Capital.
Tel: 022-6715 4000.