Infinite India ties up with Shrachi Group
A Shrachi Group statement said the partnership with Infinite was for a Rs 200 crore investment to be made over the next one year in real estate projects of the group, primarily in the eastern region.
By PTI |
KOLKATA: Real estate investment firm Infinite India Group, backed by the JM Financial group which plans to invest 400 million dollars in residential, commercial and retail sectors over the next two years, has tied up with city- based Shrachi Group.
A Shrachi Group statement today said the partnership with Infinite was for a Rs 200 crore investment to be made over the next one year in real estate projects of the group, primarily in the eastern region.
"This financial backing will further accelerate our expansion plans and will largely be deployed for undertaking projects in the commercial and residential space. We have pioneered and will continue the momentum for other projects in eastern India," Shrachi Developers Managing Director Rahul Todi said.
Realty is a booming industry and we are confident that this partnership will further increase the pace of real estate development in the untapped eastern market," Infinite India Director Karthik Sharma said.
A Shrachi Group statement today said the partnership with Infinite was for a Rs 200 crore investment to be made over the next one year in real estate projects of the group, primarily in the eastern region.
"This financial backing will further accelerate our expansion plans and will largely be deployed for undertaking projects in the commercial and residential space. We have pioneered and will continue the momentum for other projects in eastern India," Shrachi Developers Managing Director Rahul Todi said.
Realty is a booming industry and we are confident that this partnership will further increase the pace of real estate development in the untapped eastern market," Infinite India Director Karthik Sharma said.
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