Vipul has entered into an agreement with Edelweiss Commodities Services for raising Rs 150 crore through issuance of secured, redeemable, unlisted, Non-Convertible Debentures (NCD). The NCD issued will be for a tenure of 54 months and the proceeds will be utilized for the company’s flagship project ‘Aarohan Residences’, a premium residential project on the Golf Course Road in Gurugram.
Vipul is a leading Real Estate Developer in NCR and is developing properties in Gurugram, Ludhiana, Bawal, Bhubaneshwar and Faridabad.