Mumbai-based Suvita Real Estates, part of Shapoorji Pallonji Group, is planning to raise ₹105 crore through non-convertible debentures to repay its existing debt. The bonds offer high returns and have step-up pricing. The company will pay investors 17.25% for 12 months and 20.25% between 13 and 15 months, with the option to redeem at 12 months.