Goldman Sachs invests $85m in Indian real estate firm Vatika Group

Photo: Pixabay

Global investment banking giant Goldman Sachs has invested about $85 million (Rs 610 crore) in the form of debt in Gurugram-based realty firm Vatika Group, per an announcement.

Of the total, Vatika Group will use Rs 245 crore to expedite the construction of the first phase of a commercial project located on NH-8. The projects will be developed in 3 phases comprising 2.2 million sq ft., Vatika said in a statement on Friday.

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