Milestone Capital Advisors, India’s only truly active management Venture Fund House focusing on tier 2 / tier 3 real estate, has decided to invest up to Rs. 1,000 crore in real estate projects in Maharashtra.
Rs. 300 crore will be invested in commercial projects in Pune and Rs. 300 crore will be invested in affordable housing projects (Rs. 10 lakhs – Rs. 25 lakhs per unit) in Maharashtra (in Nagpur, Nasik, Pune and suburban towns/ districts of Mumbai). In addition, Milestone is also actively considering a few investment proposals from Nasik.
Rs. 200 crore is being earmarked for development of Logistics Parks across Maharashtra.
More : indiaprwire.com
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