new delhi ncrbased real estate major supertech group has raised rs 450 crore from abu dhabibased altico capital to complete its township project capetown in noida funding will help the group expedite construction of the projectthis is part of a rs 1700crore investment that altico has made in six real estate projects in the country besides supertech altico invested rs 500 crore in two deals with hyderabadbased phoenix group for construction and development of two it sez projects rs 375 crore with marvel group in pune for a bouquet of projects rs 240 crore with pharande group for development of township project and rs 130 crore with mumbaibased jatia group for their residential projectnonbanking finance company altico capital is promoted by clearwater capital abu dhabi investment council and varde partners sanjay grewal ceo altico capital said the nbfc would continue to focus on segments such as affordable and midincome housing which make up more than 50 of its current portfolioaltico entered india three years ago and has deployed more than rs 8500 crore till now in over 100 projects in seven cities and continues to maintain a strong asset profilealticos fund in supertech will be used for the completion of capetowns luxury phase in sector 74 noida totalling around 23 million sq ft spread over seven residential towers including orb and capeluxesupertech chairman r k arora said the fund will enable us to deliver our projects including orb in sector 74 of noida in 1824 months