Hafeez Contractor, ... is looking to raise Rs500 crore by diluting 40% stake in his firm Architect Hafeez Contractor.
....
"I was looking at somebody who is interested in making an investment in the firm for its expansion into a larger firm. We are planning to open offices in New Delhi, Hyderabad, metros in the north and east part of the country which is our present line of focus.
We also want to go and open offices abroad and bring in better talent from the international fraternity to work with us and accommodate them in flats. This entire expansion infusion will be on the equity side," Contractor said.