IFC proposes $51.4m investment in India's Chalet Hotels

IFC proposes $51.4m investment in India's Chalet Hotels

Chalet Hotel, Mumbai

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed an investment of $51.4 million in Chalet Hotels Limited (Chalet), an Indian owner/developer of hospitality, commercial and retail assets, according to a disclosure.

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