ReferIndia News Kirloskar Industries’ realty arm raises Rs 1,150 cr term loan from ICICI Bank

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Kirloskar Industries’ realty arm raises Rs 1,150 cr term loan from ICICI Bank

Published on: March 30, 2026, 7:32 p.m. | Source: The Economic Times

Avante Spaces, Kirloskar Industries' real estate division, has secured a significant Rs 1,150 crore loan from ICICI Bank. This funding will support a large commercial office project in Pune's Kothrud area. The deal highlights lender confidence in established urban locations and well-backed projects. This development signals a positive trend in commercial real estate financing.

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