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UK’s Planet Holdings Invests in Pune Realty Project

About 1.18 million sq ft of this project has already been sold. The investment will be utilised to redeem optionally convertible debentures worth ₹52 crore held by Ask Real Estate Special Opportunities Fund and Kolte-Patil Developers. The funds raised through the allotment of these CCPS will also be used to retire outstanding debt of ₹23 crore.

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