Mahagun secures Rs 2.25 billion funding from CSL Finance
10 Apr 2026 CW Team
Mahagun Group has secured Rs 2.25 billion in funding from CSL Finance Limited to strengthen liquidity and accelerate project execution.
The funding comes after the Group’s successful closure of Rs 6.5 billion debt for the Mahagun Medalleo project, including repayment of Rs 3.10 billion in principal and approximately Rs 3.40 billion in interest.
The development reflects Mahagun’s financial discipline, supported by strong internal accruals, project collections and a healthy base of sold inventory. The fresh capital infusion is expected to enhance cash flow and support faster construction progress while maintaining delivery timelines.
Commenting on the development, Amit Jain, Director, Mahagun Group, said, “Securing fresh funding alongside the successful closure of our previous debt marks an important step in strengthening our financial foundation… We remain focused on accelerating execution and delivering on our commitments.”
The move underscores the Group’s focus on financial stability and execution, reinforcing stakeholder confidence as it advances its real estate portfolio.