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Altico Capital has invested Rs 430 crore in a Noida project being developed by Supertech group, one of the largest real estate developers in the National Capital Region.
Sanjay Grewal, CEO, Altico Capital said in a statement that his firm was very pleased to partner with the Supertech Group, which had delivered more than 40 million square feet of residential and commercial projects.
"This is Altico's first investment with the group and is largely towards the development of Supertech's Capetown project in Sector 74, Noida", Grewal said.
R.K.Arora, Chairman, Supertech Ltd said: "It's a matter of pride to partner with Altico, one of the largest foreign owned and controlled NBFCs in the country".
Srivats.kr@thehindu.co.in
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