Realty player Amit Enterprises in talks to raise Rs. 100-150 crore.

Pune-based real estate developer Amit Enterprises Housing Ltd. is in talks with three to four fund houses to raise Rs. 100-150 crore as it prepares to launch five projects in the next three months, said senior officials.

The company recently announced the launch of its affordable residential project 'Astonia Classic' at Undri in Pune.

'There is lot of interest from investors to invest in real-estate. We are in talks with atleast two to four funds. These are investments for specific projects. The talks are at advance stages and we are yet to decide on the fund houses,' said Kishor Pate, chairman and MD, Amit Enterprises Housing.

BS