Red Fort Capital Invests in Parsvnath Developers Delhi Project

Red Fort Capital, a private equity real estate fund, has invested in a Delhi project of real estate firm Parsvnath Developers Ltd. Red Fort has picked up an 18% stake for Rs 90 crore in Parsvnath Landmark Developers Pvt Ltd (PLDPL), a wholly owned subsidiary, the real estate firm said in a release. The investment by Red Fort is in a residential group housing project called 'Parsvnath La Tropicana' at Khyberpass, Civil Lines, Delhi. The project is expected to be completed in next three years an

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