Keventer, Saroj Poddar Groups Launch Rs 400-Crore Real Estate Debt Fund
Keventer Group and the Saroj Poddar Group have launched a Rs 400-crore real estate debt fund aimed at financing projects in Delhi-NCR and West Bengal through a secured lending structure. The sponsors have committed Rs 80 crore to the vehicle and are targeting a gross internal rate of return of 18% to 22%, underscoring continued investor appetite for structured credit in Indian property markets.
