Kumar Urban Development Limited has raised Rs.50 Cr from Reliance Portfolio Management Services (Rs.30 Cr), a part of Reliance Capital Asset Management Ltd, and Kotak Mahindra Bank Ltd's NBFC (Rs.20 Cr).
Company has 15 ongoing projects across four cities in India with a total saleable area of 3.42 Mn sq. ft. It plans to launch two more projects in Mumbai and Pune later this year.
Company has 15 ongoing projects across four cities in India with a total saleable area of 3.42 Mn sq. ft. It plans to launch two more projects in Mumbai and Pune later this year.