Download DMI Finance App! Click here

Close

Realty firm Vipul raises Rs 150 crore from DMI Finance

  • Published on: 13 Dec 2015
  • Last updated on: 24 Sep 2024
  • Post Views: 4933

Realty firm Vipul Ltd has raised Rs 150 crore from DMI Finance Ltd to develop a luxury housing project in Gurgaon.

The company plans to develop 382 units in the project, which is spread over 20 acres on the Golf Course Road in Gurgaon.

“We have raised Rs 150 crore from DMI Finance so far for this project. The NBFC (non-banking financial company) has sanctioned a total of Rs 450 crore,” Vipul Ltd CEO Guninder Singh said.

Source: The Economics Times

About the Author

DMI Finance Editorial Team

DMI Finance provides seamless and hassle-free loan solutions for individuals and businesses across India. We write about finance, credit, and opportunities that matter to you.