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Piramal to invest Rs.5,000 crore in realty projects

Piramal to invest Rs.5,000 crore in realty projects

Piramal Fund Management plans to invest up to Rs 5,000 crore over the next one year to finance construction projects, a top company executive said. The fund has already invested in nine realty projects through construction finance proposals totaling Rs 1,100 crore in the last three months.