Argus Partners advises SWAMIH Investment Fund I on its investment of INR 300 crores in the Hubtown Group project 'Rising City'
Argus Partners has advised SWAMIH Investment Fund I (“SWAMIH”) on its investment in the residential project ‘Rising City’ being developed by the Hubtown Group in Ghatkopar, Mumbai. SWAMIH has made a last mile funding of approximately INR 300 crore in the project by way of subscription to non-convertible debentures of Rare Townships Private Limited, a Hubtown Group entity.
The project is strategically located and offers a mix of residential and commercial spaces. The investment is expected to expedite the project's completion and provide a welcome relief to homebuyers who have invested in the project.
The team at Argus Partners advising SWAMIH I comprised Aastha and Nidhi Arya (Partners), Aditi Kashyap (Senior Associate), Apoorva Soni, Arth Singhal, Astha Singhania, Ayush Chaturvedi and Nalin Malhotra (Associates).
Utkarsh Bandhu Joins Argus Partners as an Equity Partner in…
7A, 7th Floor, Tower C, Max House,
Okhla Industrial Area, Phase 3,
New Delhi – 110020
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