Parsvnath Developers is planning to raise more than Rs 1000 crore over the next 18 months through the sale or joint development of its land assets in southern and western India. Parsvnath, which counts JPMorgan and US-based private equity firm Red Fort Capital among its investors, is planning to divest land in cities including Hyderabad, Chennai, Kochi, Goa and Mysore and concentrate on its home market of northern India.
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