Sushma Group, a real estate company based in Punjab, has raised Rs 100 crore from Motilal Oswal Group for the building of a residential project.
The funds will be used to expand Sushma Joynest MOH 1, the company’s current housing project in Zirakpur, Punjab. In this 10.75-acre project, the business is building approximately 1,050 units, with the first phase fully completed.
”We have raised Rs 100 crore from Motilal Oswal group. The fund will help in faster completion of project. Our focus has always been timely delivery,” Sushma group Executive Director Prateek Mittal said.