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Supertech to raise Rs 1,600 cr

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New Delhi, June 15

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Realty firm Supertech Ltd plans to raise around Rs 1,600 crore from institutional investors by July to complete its 18 ongoing housing projects across Delhi-NCR, its chairman RK Arora said. It has signed a term sheet with investors to raise this interim funding, and due diligence is currently undergoing, he said.

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