Rodium Realty today said it has raised Rs 36 crore from Capri Global Capital to construct a mixed-use project in Mumbai. The company has raised the fund in the form of structured debt. The investment is for a premium mixed-use redevelopment project in Kandivali West, Mumbai, which consists of prime retail shops and premium residences. Capri Global Capital Ltd (CGCL), which is a non-deposit accepting, non-banking financial company, offers various customised solutions to real estate developers and SME businesses. Capri Global Capital Director Rajesh Sharma said the investment is in-line with its focus on funding to mid affordable housing segment.

Source: dna February 22, 2017 12:03 UTC