Xander Group invests Rs. 400-cr in Supertech's project.

NCR-based Supertech Ltd. has received an investment of Rs. 400 crore from the Singapore-based real estate investment arm of The Xander Group Inc.

The investment has been made in Supertech's Township and Group Housing projects in Gurgaon Sector 79.

Rohan Sikri, Partner at Xander Investment Management, Singapore, said, 'We continue to see the National Capital Region as an important market for us in India, and the relationship with Supertech, one of the largest NCR based developers, reinforces our investment appetite for end user focused residential projects with quality partners.'

The Xander Group Inc is a global investment firm focused on the infrastructure, hospitality, retail and real estate markets.


HBL