Gaurs Group raises Rs 450 crore to pare debt, complete mall

Date posted: Friday 17 January 2020

Noida-based realty firm Gaurs Group has raised Rs 450 crore from ICICI Bank as debt for completion of its commercial asset in the 237-acre township ‘Gaur City’. The funding has come at a time when most banks have stopped funding developers, especially those based in NCR, due to a huge number of stuck projects.

(Economic Times)