Credit Suisse to issue 113 million to Indian Indu
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Swiss banking was always in touch with the Indian money for a long time. This time the Swiss investment banking has showed their interest for a real estate group in India. According to the sources of www.propertykhazana.com Indu – Hyderabad based realty business has succeeded to bring the attention of this foreign money lender to increase the service of Indu in more parts of the world along with in the country. The Hyderabad group is mainly based on the housing and other related services of infrastructure among many major cities around the nation. Sources of www.propertykhazana.com reveals that Indu group will be receiving an initial cheque of around Rs 325 crore and the rest will be provides within next instance of 3 months.
Founded by Reddy in 2001 the Indu group has maintained a very repo among its consumers and is one f of the very fast growing realty business of the country and that makes the Swiss banker – Credit Suisse to lay their helping hand towards the better prospect of the company as stated by the top order of the Indu group. They also reveal that the fund will be cautiously utilized for both existing and future projects of the company. Currently the company is engaged in an overseas project of a heath care along with an agri park at an undisclosed location.
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