To facilitate under construction projects in Noida on committed time, Saha Groupe a realty firm in Noida is raising Rs 160 crore from NBFC( non banking finance company),said by people who have knowledge of deal.
A person said asking his name should not be revealed : over the next few months the company will use little part of the money to launch a new project in Noida.
Kautilya Finance has invested first time in real estate firm. The non banking finance company( NBFC) has basic from US pension plan WSIB( Washington State Investment Board), through Aevitas Property Partners the originator of Kautilya Finance.
In India WSIB had promised to invest $500 million in India’s real estate firm, Mediterranean region and Western Europe through Aevitas property Partners.