Global private equity lender Xander Group has invested Rs. 300 crore ($50 million) in Kapstone Constructions, the group company of Mumbai-based developer Rustomjee..AZB & Partners acted for Xander Group with a team led by Delhi Partner Hardeep Sachdeva along with Senior Associates Divyata Shergill and Priyamvada Shenoy..Wadia Ghandy advised Kapstone Constructions with a team led by Partner Denzil Arambhan..The capital received will be utilised for reducing debt and for further growth of the Rustomjee group. Kapstone Constructions is currently developing Rustomjee Urbania township in Thane spread across 127 acres, reports Business Standard..Xander Group is focused on the infrastructure, hospitality, retail and real estate markets. Since 2005, the firm has committed over $2 billion of capital to the Indian market across private, public and credit investments, according to Hindu Businessline..Image taken from infrabuddy.com
Global private equity lender Xander Group has invested Rs. 300 crore ($50 million) in Kapstone Constructions, the group company of Mumbai-based developer Rustomjee..AZB & Partners acted for Xander Group with a team led by Delhi Partner Hardeep Sachdeva along with Senior Associates Divyata Shergill and Priyamvada Shenoy..Wadia Ghandy advised Kapstone Constructions with a team led by Partner Denzil Arambhan..The capital received will be utilised for reducing debt and for further growth of the Rustomjee group. Kapstone Constructions is currently developing Rustomjee Urbania township in Thane spread across 127 acres, reports Business Standard..Xander Group is focused on the infrastructure, hospitality, retail and real estate markets. Since 2005, the firm has committed over $2 billion of capital to the Indian market across private, public and credit investments, according to Hindu Businessline..Image taken from infrabuddy.com
