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Tribeca inks pact for prime project in Mumbai's Parel, secures HDFC Capital funding

Real estate private equity firm HDFC Capital Advisors is backing the project with a financing of Rs 200 crore. This is the second investment the developer has secured from HDFC Capital under a Rs 500-crore residential housing platform that was by both the entities in 2019. Last year, HDFC Capital secured a complete exit from its first investment of Rs 135 crore made through this platform. ....

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Tribeca Developers raises Rs 200 crore from HDFC Capital for luxury housing project in Mumbai, ET RealEstate

"We have entered into a joint development agreement with Tejukaya Group to develop a 2.5-acre residential project in Parel, South Mumbai. We will develop over 400 units in this project," Tribeca Developers founder Kalpesh Mehta told PTI. ....

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