Keventer, Saroj Poddar groups launch Rs 400-cr real estate debt fund

Keventer and Saroj Poddar groups have launched a Rs 400-crore real estate debt fund, focusing on secured debt financing for projects in Delhi-NCR and West Bengal. This fund aims to generate a substantial gross internal rate of return between 18 and 22 percent, which could attract investors seeking high returns. The success of this fund could have a positive impact on the Indian real estate market, potentially increasing investment in the sector. This development may also influence the performance of the Sensex and other Indian indices.

Why it matters

Keventer Group and Saroj Poddar Group are launching a new investment fund for real estate ventures. This fund will provide secured debt financing, which could boost the Indian real estate market.

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