PE-RE Fund Investments

Certus Capital invests Rs.80-Cr in premium residential project in Mumbai's Worli

Economic Times  

Certus Capital has invested INR 80 crore in a premium residential project called “Aakasa” being developed in Mumbai's Worli area by a group of developers led by the Techno Group. The investment will be used to finance the construction. The project, located near the upcoming Ritz Carlton Hotel, is estimated to have revenue potential of over INR 350 crore based on the ongoing property rates. The transaction was advised by Siya Capital, a real estate-focused investment banking firm.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.