India: Wadhwa Group to raise $75m to enter affordable housing segment

India: Wadhwa Group to raise $75m to enter affordable housing segment

Photo: Ramesh Pathania/Mint

Mumbai-based developer Wadhwa Group, which primarily caters to the luxury segment, is planning to raise around Rs.500 crore through a mix of debt and equity to fund the first phase of its 450-acre township at Panvel, which it expects to launch by November this year.

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