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The resolution will help properties worth Rs 1,100 crore see the light of day. The project includes two land parcels totalling 63 acres, with six million square feet of residential space.
The interim financier based in Delhi-NCR has achieved a successful exit from its investment in SARE Gurugram Pvt Limited (Sare Gurugram) within 11 months. In August, 2022, the financier had provided interim finance to the debt-laden real estate company.