Certus Capital aims Rs 500 crore realty investment deals
Real Estate

Certus Capital aims Rs 500 crore realty investment deals

Certus Capital aims to close real estate investment dealings of Rs 500 crore via its digital neo-financing platform- Earnnest.me in the upcoming 10 to 12 months. Certus Capital is an institutional real estate investment and advisory company founded by Ashish Khandelia, the former KKR director.

Earnnest.me already has a Rs 40 crore investment in a real estate company based in Chennai, Arun Excello’s portfolio comprises four affordable housing projects across micro-markets of the southern city.

The digital platform is aiming to strike around 8 to 10 deals in the real estate space in the next year. According to the structure, the company's non-banking finance company (NBFC) has a minimum of 5 to 10% of the total loan until maturity and brings in underwriting ensuring smooth closures as well as certainty for the borrowers.

The platform would be investing in projects of developers having a proven track record along with a demonstrated market fit. It plans to generate mid-teen returns for its investors via infusion of capital in projects that have secured approvals.

Certus Capital is working on some transactions in key property markets in India which include Mumbai, Bangalore, Hyderabad, Pune, and Chennai. The company has its focus on affordable as well as middle-income residential projects in western and southern India. They might consider a few investment opportunities in tier-II cities of the country.

Image Source

Certus Capital aims to close real estate investment dealings of Rs 500 crore via its digital neo-financing platform- Earnnest.me in the upcoming 10 to 12 months. Certus Capital is an institutional real estate investment and advisory company founded by Ashish Khandelia, the former KKR director. Earnnest.me already has a Rs 40 crore investment in a real estate company based in Chennai, Arun Excello’s portfolio comprises four affordable housing projects across micro-markets of the southern city. The digital platform is aiming to strike around 8 to 10 deals in the real estate space in the next year. According to the structure, the company's non-banking finance company (NBFC) has a minimum of 5 to 10% of the total loan until maturity and brings in underwriting ensuring smooth closures as well as certainty for the borrowers. The platform would be investing in projects of developers having a proven track record along with a demonstrated market fit. It plans to generate mid-teen returns for its investors via infusion of capital in projects that have secured approvals. Certus Capital is working on some transactions in key property markets in India which include Mumbai, Bangalore, Hyderabad, Pune, and Chennai. The company has its focus on affordable as well as middle-income residential projects in western and southern India. They might consider a few investment opportunities in tier-II cities of the country. Image Source

Next Story
Real Estate

Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project will be developed across a 3.08-acre land parcel, with an estimated development value of approximately Rs 12.5 billion. Strategically located, the site enjoys proximity to major connectivity points—just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Expre..

Next Story
Infrastructure Urban

Snowman Adds Warehouses in Kolkata and Krishnapatnam

Snowman Logistics, India’s leading integrated temperature-controlled logistics company, has announced the commencement of operations at its two new state-of-the-art, owned cold storage facilities in Kolkata and Krishnapatnam. With these additions, the company’s total pallet capacity has reached 1,50,754, spanning 43 warehouses in 20 cities across the country. The newly operational Kolkata facility offers a storage capacity of 5,630 pallets, while the Krishnapatnam facility holds 3,927 pallets. These warehouses are equipped with advanced automation and infrastructure designed to enhanc..

Next Story
Resources

Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?