Ponty Chadha's Wave Infra to raise Rs 4,000 cr for Noida township via pvt equity, debt

Wave Infratech, the realty arm of Ponty Chadha's Wave Group, on Friday said it will raise about Rs 4,000 crore through debt and private equity to fund investments in developing the first phase of a 152-acretownship in Noida.The integrated mixed-use project would be developed on the land the company had won last year through an auction for about Rs 6,500 crore."The total investment in the first phase, spread over 45 acres, would be ab...