Real Estate
RattanIndia and the Kotak subsidiaries have lent the money for a three million sq ft project, Adarsh Heaven. : Group companies of Kotak Mahindra and Lonestar-backed RattanIndia Finance, have invested Rs 5 billion in an affordable housing project of the Bengaluru-based Adarsh Group, sources said. “This is of the biggest debt deals in real estate after the NBFC (non-bank finance companies) liquidity issue. Many NBFCs have stopped lending to real estate, to meet their commitments,” sources said. RattanIndia and the Kotak subsidiaries have lent the money for a three million sq ft project, Adarsh Heaven.

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