Parsvnath Developers, has inked a Rs 100 crore agreement with SUN-Apollo India Real Estate Fund LLC, an international real estate private equity fund for an investment in its premium residential project at Ghaziabad, Uttar Pradesh. The project is spread over an area of approximately 31 acres known as Parsvnath Exotica- Ghaziabad. SUN-Apollo will invest up to Rs 100 crore for a 49.9% stake in the project SPV, Parsvnath Buildwell, which will develop the Project.
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