IFC will invest about ₹148 crore in company’s Manjri project in Pune having approximately 3.13 million sq ft saleable area and about ₹272 crore in its Thane project with approximately 6.43 million sq ft saleable area.
JM Financial gets 1.42 lakh sq ft office space in Mumbai through CIRP resolution
The acquisition is part of a court-mediated corporate insolvency resolution process (CIRP) connected to takeover of a stalled project formerly promoted by Ariisto Realty.