Private Equity

PE-RE Fund Investments

Sowparnika Homes attracts Rs.165-Cr from Walton Street Blacksoil Real Estate Debt Fund II

Economic Times  

Alternative investment platform Walton Street BlackSoil Real Estate Debt Fund II has invested INR 165 crore in Sowparnika Homes Pvt Ltd for projects across Bengaluru. These projects cater to the mid-income and affordable segment with an average ticket size of INR 50 lakh and are located near key employment centres and IT hubs such as Sarjapur Road, Whitefield and Old Madras Road. Sowparnika has delivered more than 5 million square feet, covering more than 7,500 homes, in this segment. It currently has 4,500 homes spread across 4 million sq ft under development in Bengaluru.