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Parsvnath to get Rs1 billion from global private equity fund

SUN-Apollo will invest upto Rs1 billion for a 49.9% stake in the project's special purpose vehicle, Parsvnath Buildwell Private Ltd, it said in a statement.

Parsvnath to get Rs1 billion from global private equity fund

Parsvnath Developers Ltd said on Tuesday it has signed an agreement with SUN-Apollo India Real Estate Fund LLC, for an investment in a residential project at Ghaziabad, Uttar Pradesh.     

SUN-Apollo will invest upto Rs1 billion for a 49.9% stake in the project's special purpose vehicle, Parsvnath Buildwell Private Ltd, it said in a statement. 

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