Vatika Group has raised Rs. 700 crore from Altico Capital in what ET describes as one of the largest real estate debt transactions of last year.
|Deal||Altico Capital invests in Vatika Group|
|Law Firms||Luthra & Luthra – Altico; IndusLaw – Vatika Group|
|Partners/Heads||Luthra & Luthra – Aniket Sengupta; IndusLaw – Gaurav Dani|
Luthra & Luthra acted for Altico with a team of Partner Aniket Sengupta and Senior Associate Purvi Dabbiru.
IndusLaw represented Vatika Group through a team led by Partner Gaurav Dani and including Principal Associate Jinni Sinha, Senior Associate Nitin Gera and Associate Chitvan Bakshi.
ET reports that Altico has invested in a portfolio of projects with current potential of 3 million sq ft located in their flagship residential township ‘Vatika India Next’.
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