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Emaar India aims to raise up to Rs 1,000 crore debt for meeting construction expenses as it targets to complete all the ongoing 50 projects over the next two years.
During last one year, the company has already raised Rs 2,500 crore of which about Rs 1,500 crore has been used to replace costlier debt.
Sanjay Malhotra, CEO at Emaar India said earlier this month that the company is focusing on delivery and will invest Rs 1,000 crore each in next two years to complete all its ongoing projects.
