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Construction : Deals | September 2014 | Source : Construction Update

Essel Finance to raise Rs 23 bn to finance real estate projects

Essel Group promoted Essel Finance is plans to raise Rs 23 billion from overseas and domestic markets this fiscal year to finance real estate projects. Unlisted Essel Finance's plans to raise US$300 million. It has already raised US$105 million in the Singapore market and Rs 1,000 millionn in India through separate alternative investment funds and plans to raise the residual amount by this fiscal end.
 
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