Kotak Realty Fund Invests in IVR Prime

IVR Prime Urban Developers has received investment commitments of around Rs 250 crore [$62 mn] for its multi use integrated development realty projects.

The company further announces that few more realty funds are also inclined to join hands with IVR Prime for development of some of its projects.The company’s land reserves are to the extent of 2850 acres around. Tier I cities in Chennai, Hyderabad, Pune, Bangalore, Visakhapatnam and Noida.