Nandivardhan Group raises Rs 100 crore from SBI for redevelopment project

Realty developer Nandivardhan Group has secured over Rs 100 crore in debt from State Bank of India to fund a residential project in Mumbai's Dadar area. The funds will be used for constructing a sale tower, part of a redevelopment project, with plans to deliver apartments to around 100 residents within 2-3 years.