Mumbai-based Ariisto Realtors raises $42M from Indiareit’s redevelopment fund

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Indiareit Fund Advisors, the real estate private equity arm of Piramal Enterprises, has invested close to Rs 250 crore ($42 million) in a redevelopment project of Mumbai-based developer Ariisto Realtors, said sources close to the development. The details of the project could not be garnered.The source said the investment has ......