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The lease term is 15 years with a lock-in period and commands a rental of Rs seventy nine per sq ft. Over 3,000 housing schemes and societies within the metropolis have been recognized as potential candidates for redevelopment, resulting in an increased demand amongst homebuyers and a significant reshaping of the town’s skyline and life-style. Real estate personal equity firm HDFC Capital Advisors is backing the project with a financing of Rs 200 crore. This is the second funding the developer has secured from HDFC Capital beneath a Rs 500-crore residential housing platform that was by each the entities in…
