“Equity investments in residential real estate are hardly happening. Yet, the requirement for capital is huge because developers are expanding. Real estate projects need capital, including debt and equity, at various stages of their life cycle. However, the source of capital for residential developers is quite limited,” Sharad Mittal, founder and chief executive officer, Arnya Real Estates Fund Advisors told Mint.
Arnya, Supreme Universal raises ₹1030 crore for Mumbai-focused fund
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