India: Piramal Fund to invest $347m in Lodha project in debt financing deal

India: Piramal Fund to invest $347m in Lodha project in debt financing deal

Piramal Fund Management Pvt. Ltd will invest Rs.2,320 crore in Lodha Developers Pvt. Ltd’s signature World Towers project in central Mumbai, in what is probably the single largest debt financing deal in Indian real estate.

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