VGN Developers raises $25.45M debt for Chennai land parcel acquired from Tata Comm
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VGN Developers raises $25.45M debt for Chennai land parcel acquired from Tata Comm

By Pooja Sarkar

  • 16 Apr 2013

VGN Developers, the Chennai-based real estate player which has been on a land-buying spree in the city, has raised close to Rs 140 crore ($25.45 million) from Kotak Mahindra’s non-banking finance company (NBFC) to fund the land parcel which it recently acquired from Tata Communications, according to a top executive ......

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