Shivalik Investment Fund raises Rs 75 Cr in first close of inaugural fund

Quick Summary:

The fund is primarily focused on investing in residential, commercial, and plotting projects in Ahmedabad’s high-growth areas.

The group has also developed over 12 micro markets across Ahmedabad with its projects.“Our successful first closure of the fund demonstrates our commitment to leveraging our financial and development expertise to enhance our presence in Ahmedabad and maximise returns for our investors,” added Chitrak Shah, Founder and Managing Director, Shivalik Group.

The fund also aims to raise an additional Rs 150 crore under the green shoe option.

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Article Details

Author / Journalist: Trisha Medhi

Category: StartupsEconomyBusiness

Markets: India

Topics: Privacy Shivalik Investment Commercial Residential Ahmedabad Fund Policy First Group Projects

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-19 @ 09:17:40 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 225 words

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