JP Infra to Raise Rs 200 crore

Ahmedabad-based realty player JP Infrastructure Pvt Ltd is in advance stages of talks with a leading PE fund to raise close to Rs 200 crore. JP Infrastructure is planning a mega township project in Ahmedabad. It is setting up retail malls in Vadodara and Surat besides ear-marking about 47,500 sq ft at Lower Parel in Mumbai where it aims to set up its corporate park.