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Adarsh Developers Achieves Major Financial Turnaround by Repaying INR 750 Cr Edelweiss Debt
Adarsh Developers, a leading real estate developer, repaid a ₹750 crore structured financing arrangement from Edelweiss Alternative Asset Advisors in 2022 progressing towards financial stability.
- 3rd Sep 2024
- 1170 Views
Mapletree Investments Acquires Prime 41-Acre Land in Bengaluru from Adarsh Developers for INR 1900 Crore
Mapletree Investments, a Singapore-based private equity organisation, bought a 41-acre Bengaluru property tract from Adarsh Developers. At over ₹1,900 crore, the acquisition is part of Adarsh Developers' debt reduction strategy. The site has 7 million square feet of development potential.
- 25th May 2024
- 1337 Views