Oct 18 2016 | India Opportunities

Brick Eagle to raise and invest Rs 700 crore in affordable projects

Brick Eagle Capital Advisory LLP plans to raise around Rs 700 crore to invest in affordable housing projects across the country. The category II Alternate Investment Fund (AIF) was recently registered with Securities and Exchange Board of India (Sebi). The funds raised would be invested in affordable housing projects of local developers in the state of Gujarat, Tamil Nadu and Rajasthan.