M3M India raises Rs 570 cr from Oaktree Capital

Gurgaon-based realty firm M3M India Ltd has raised Rs 570 crore debt from Oaktree Capital Management to fund its ongoing projects.

M3M India raises Rs 570 cr from Oaktree Capital
M3M group owns over 2,000 acres of prime land in Delhi-NCR. It has completed many real estate projects in Delhi-NCR and several are under development. Photo: Reuters

Gurgaon-based realty firm M3M India Ltd has raised Rs 570 crore debt from Oaktree Capital Management to fund its ongoing projects.

The company's director, Pankaj Bansal, tweeted that Oaktree Capital Management has invested Rs 570 crore in the group.

See Zee Business Live TV streaming below:

M3M group owns over 2,000 acres of prime land in Delhi-NCR. It has completed many real estate projects in Delhi-NCR and several are under development.

The company is also developing the Trump Tower in Gurgaon in Haryana.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-how-soon-will-monthly-sip-of-rs-11000-reach-rs-8-crore-corpus-target-retirement-financial-planning-with-sip-calculator-334296

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

https://www.zeebiz.com/personal-finance/photo-gallery-sbi-444-day-special-fd-vs-pnb-400-day-fixed-deposit-interest-rate-maturity-calculator-what-will-general-senior-citizens-get-in-return-on-inr-rs-350000-700000-investments-in-guaranteed-fixed-income-333262

SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?

https://www.zeebiz.com/personal-finance/news-rs-1111-monthly-sip-for-40-yrs-11111-for-20-yrs-or-22222-for-10-years-which-works-best-at-same-expected-return-334395

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

https://www.zeebiz.com/market-news/news-short-term-investment-ideas-stocks-to-buy-for-15-days-axis-direct-recommends-fortis-healthcare-aegis-logistics-check-targets-334316

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

https://www.zeebiz.com/personal-finance/photo-gallery-ppf-interest-rate-maturity-retirement-corpus-planning-calculator-how-to-get-inr-rs-72000-month-tax-free-income-from-public-provident-fund-calculations-80c-tax-benefits-333983

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

https://www.zeebiz.com/personal-finance/photo-gallery-rs-3500-monthly-sip-for-35-years-vs-rs-35000-monthly-sip-for-16-years-which-can-give-you-higher-corpus-in-long-term-compound-interest-benefits-mutual-fund-return-calculator-retirement-planning-334249

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

Written By: PTI
Updated: Tue, Jul 14, 2020
08:32 AM IST
New Delhi, PTI
RELATED NEWS
M3M India sells properties worth Rs 3,911 crore in Q1; up 37 percent annually M3M India sells properties worth Rs 3,911 crore in Q1; up 37 percent annually

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x