IIFL provides loans to three real estate projects

Looking at the expanding real estate market, India Infoline Finance Ltd (IIFL) has invested Rs 260 crore in three projects across Mumbai.The investment is primarily by providing loans to the developers of the project for acquiring land and construction rights. The projects include the MHADA housing redevelopment project in Andheri, a residential project by K Mordani Realty and a residential project by Midwest Infrastructure. Contact: India Infoline Finance. Tel: 022-6788 1000. Website: www.iiflfinance.com