KKR to fund Rs.1800 on Mumbai realty projects

KKR & Co is  debt financing of Rs 1,800 crore in three mid-market real estate projects in Mumbai. 



The company will lend around Rs.750 crore each to a newly launched commercial office project of Lodha Developers in Central Mumbai and an upmarket residential project of Shapoorji Pallonji in South Mumbai. It will fund another Rs 250-300 crore to a Thane-based residential project of Paranjpe Scheme Constructions, the times of India reported today.