Supertech to raise mn by July to complete housing projects
Real Estate

Supertech to raise mn by July to complete housing projects

According to Supertech Ltd's chairman RK Arora, the real estate company needs to acquire over $16,000,000,000 from institutional investors by the end of July to finish its 18 active housing projects throughout Delhi-NCR.
According to Arora, who did not reveal the investors' names, the company has a term sheet in place with investors to raise this interim money, and due diligence is presently being completed.

According to Supertech Ltd's chairman RK Arora, the real estate company needs to acquire over $16,000,000,000 from institutional investors by the end of July to finish its 18 active housing projects throughout Delhi-NCR.According to Arora, who did not reveal the investors' names, the company has a term sheet in place with investors to raise this interim money, and due diligence is presently being completed.

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