Private Equity PE-RE Fund Investments
Century Group raises Rs.450-Cr from Edelweiss
Source Mint (opens in a new tab)
Bengaluru-based Century Real Estate Holdings Pvt Ltd has raised INR 450 crore in debt financing from Edelweiss Alternative Asset Advisors Ltd.The developer will use around 40% of the funds to buy a 72-acre land parcel for a plotted residential project near the international airport at Devanahalli in north Bengaluru. The rest of the money will be used to repay existing debt and as working capital for new and existing projects.