Essel Finance to invest Rs.600 cr in residential projects

Essel Finance Advisors and Managers Llp, the private equity (PE) arm of Essel Group, is planning to extend Rs 600 crore debt finance to property developers as part of its real estate focus. While the mid-term focus will continue to be on real estate, the fund plans to diversify its portfolio and invest in other sectors such as infrastructure and education towards the end of the financial year. Contact: Essel Finance Advisors & Managers Ltd. Tel: 022-6123 5600. Website: www.esselfinance.com