Altico commits $27 million to Indian project

Published: 04 October 2017

India’s non-banking financial company Altico Capital committed INR 1.8 billion in debt finance to a residential project in India. The facility will be used for the construction of Project Zuri, a residential project in Thane developed by Sheth Group. The project has a development potential of 0.6 million square feet and has received a good response in its recent pre-launch sales, according to Altico.