Kotak Realty Fund exits Parsvnath’s Sohna Road project

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Kotak Investment Advisors, the alternative assets arm of Kotak Mahindra Bank, has exited its almost three-year-old investment in a proposed township project of North-based developer Parsvnath with 25 per cent internal rate of return (IRR), people familiar with the development told VCCircle.Kotak had invested Rs 110 crore in a 107-acre ......