Sheth Developers raises Rs. 450 crore for Vivacity Mall [August 2012]

Vivacity Mall, promoted by Sheth Developers and Realtors India Ltd, announced that it has received funding of Rs. 450 crore from Indiabulls Finance.  “Vivacity would utilise the funds for the repayment of the existing debt and towards the completion of the mall. The complete leasing of the mall’s retail space before commencement with more than thirty brands in the waiting list is an industry benchmark in itself”, a company statement said.

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