Indiareit may invest $23M in Karle Group’s residential project in Bangalore

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Indiareit Fund Advisors, the realty fund house under Piramal Enterprises, has signed a term sheet with Bangalore-based Karle Group to invest in its residential project for Rs 140 crore ($23 million), said sources privy to the development.One source said, “The money has been raised for a residential project where construction ......