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Urmila construction raises money

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Realty firm Urmila Constructions and Developers Ltd has raised USD 25 million from UK-based investment firm Linetrust International Offshore to develop projects in and around Jharkhand. "Urmila Constructions and Developers Pvt Ltd has entered into a long-term financial association with Linetrust International Offshore Ltd of the UK to avail USD 25 million as long term asset backed debt for developing its residential and commercial projects in an around Jharkhand," ATD Finance said in a statement.

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