Indian Real Estate Company Vatika raises $250 Million

Published by admin on December 1st, 2007 | Tagged Business, News

Wachovia Bank,Goldman Sachs,and Baer Capital will invest $250 million Vatika Group.

Fund disbursement has started and the infusion is going to be complete by march next year.

Vatika will use this for various purposes such as:
1.The existing projects
2.Acquiring new projects
3.Land bank consolidation

Vatika Group’s business activities include real estate development,infrastructure,IT parks,
integrated townships,facilities management,hospitality and SEZs.

Vatika group is planning an IPO by the year 2009