New Delhi, April 1 Mahagun Group, a real estate firm, has raised ₹225 crore from CSL Finance Ltd to complete its ongoing projects.
In a statement on Wednesday, the company announced that it had secured ₹225 crore in funding from CSL Finance. This will strengthen the company's financial position and provide fresh momentum to accelerate project execution across its portfolio.
Amit Jain, Director, Mahagun Group, said, "Securing fresh funding alongside the successful completion of our previous debt marks an important step in strengthening our financial foundation. We remain focused on accelerating execution and delivering on our commitments."
Mahagun Group has completed 20 residential and commercial projects across the Delhi-NCR market.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.