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 …
Kirloskar Industries’ realty arm raises Rs 1,150 cr term loan from ICICI Bank
Kirloskar Industries' real estate arm, Avante Spaces, secured a Rs 1,150 crore term loan from ICICI Bank to fund a commercial office project in Pune. The deal raises cybersecurity concerns as financial institutions and real estate developers are increasingly targeted by phishing, ransomware, and supply chain attacks exploiting weak third-party integrations and API vulnerabilities.