Altico Capital invests $79m in Bengaluru real estate projects

Photo: Ramesh Pathania/Mint

Altico Capital India Ltd, a real estate-focused non-banking financial company (NBFC), has invested ₹570 crore in the Bengaluru residential market. It has backed projects of Assetz Property Group and a plotted development project of Century Real Estate Holdings Pvt. Ltd. The NBFC has sanctioned ₹450 crore in debt financing across Assetz’s five projects, underwriting a saleable area of 6.3 million sq ft.

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