DHFL Venture Capital, promoted by the leading private sector housing finance company, today said that it would raise Rs 250 crore in the current fiscal domestically to fund real estate projects in Tier-II and Tier-III cities.

'We will raise Rs 250 crore in this fiscal which will be deployed in real estate projects in Tier-II and Tier-III cities,' DHFL Vice-Chairman and Managing Director Kapil Wadhawan told PTI.

Wadhawan said that the fund would be raised from financial institutions and High Networth Individuals domestically.

Times of India