Hiranandani Builders Re13.35 billion financing

Overview:

• Hiranandani Builders has taken out Re13.35 billion in new financing.
• The financing was linked to lease rental receivables from four IT and non-IT premises/buildings with total leasable area of 2.5 million square foot located in Mumbai.
• The Facility was secured by guarantees, mortgage of the properties, hypothecation of lease rentals and the escrow accounts.

Katrin Kostadinova - Data analyst