Real Lender

Khushru Jijina, Managing Director, Piramal Fund Management (PFM), is on a lending spree. The company has invested Rs 2,320 crore across several projects of Lodha Group in Mumbai, in what is known to be the single largest debt transaction in the realty funding space. With this being PFM´s second investment in the company, it has also constantly been making headlines for funding several real estate projects. Jijina´s extensive domain knowledge has made PFM uniquely capable of catering to the entire capital stack - right from early stage equity to late stage debt and construction finance. What´s more, the company has also recently announced the ´Piramal Preferred Partner´ programme, whereby its selected existing development partners are allowed to draw from a pre-sanctioned limit in order to pursue opportunistic acquisitions. Indeed, Jijina is driving growth in the real estate sector with innovative lending options.