+
Pecan Realty Completes Rs 1.5 Billion Transactions
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.

The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with institutional stakeholders and execute disciplined exits.

A key transaction involved Pecan Yura, a Grade A commercial development off Juhu Circle on the Juhu-Versova Link Road in Andheri West. The project includes premium office spaces, retail outlets and food and beverage destinations. Pecan Realty acquired the asset through the NCLT process after its resolution plan was approved in May 2023.

The company partnered with Certus Capital to provide an exit to ICICI Prudential Real Estate AIF. In March 2026, it also completed a full exit of Certus Capital through internal cash flows. Pecan Realty also closed its first debt transaction with a public sector bank by taking over a loan linked to a stuck residential building project in Borivali West. The building was handed over to residents in the previous quarter.

Founded in 2012 by Rohit Garodia, Pecan Group has a team of more than 150 professionals across its real estate and e-commerce businesses. The group has executed sales of over Rs 35 billion in the past five years.

As Pecan Realty expands across the Mumbai Metropolitan Region and Thane, it aims to focus on project turnaround, redevelopment and execution while deepening partnerships with banks, NBFCs and institutional investors.

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with institutional stakeholders and execute disciplined exits.A key transaction involved Pecan Yura, a Grade A commercial development off Juhu Circle on the Juhu-Versova Link Road in Andheri West. The project includes premium office spaces, retail outlets and food and beverage destinations. Pecan Realty acquired the asset through the NCLT process after its resolution plan was approved in May 2023.The company partnered with Certus Capital to provide an exit to ICICI Prudential Real Estate AIF. In March 2026, it also completed a full exit of Certus Capital through internal cash flows. Pecan Realty also closed its first debt transaction with a public sector bank by taking over a loan linked to a stuck residential building project in Borivali West. The building was handed over to residents in the previous quarter.Founded in 2012 by Rohit Garodia, Pecan Group has a team of more than 150 professionals across its real estate and e-commerce businesses. The group has executed sales of over Rs 35 billion in the past five years.As Pecan Realty expands across the Mumbai Metropolitan Region and Thane, it aims to focus on project turnaround, redevelopment and execution while deepening partnerships with banks, NBFCs and institutional investors.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

MMRDA Targets Completion of Projects by December 2028

The Mumbai Metropolitan Region Development Authority (MMRDA) is targeting the completion of all its ongoing infrastructure projects by December 2028, a year ahead of its December 2029 deadline, Metropolitan Commissioner Dr Sanjay Mukherjee has said.Speaking at the sixth edition of the Real Estate & Infrastructure Investors' Summit (REIIS) 2026 in Mumbai, Mukherjee said the authority was developing an integrated network of roads, tunnels, sea links and Metro corridors under its broader vision of “Mumbai in 59 Minutes”.The objective is to improve east-west and north-south connectivity an..

Next Story
Building Material

High-Performance Façades Gain Ground in Indian Buildings

High-performance façades are gaining greater importance in Indian architecture as developers and architects increasingly focus on energy efficiency, thermal comfort and building performance, according to Shankar Fenestrations & Glasses.The company said modern façade systems are increasingly being considered as part of a building's overall performance strategy rather than being used primarily as aesthetic elements.High-performance glass, curtain wall systems and structural glazing can contribute to thermal regulation, solar control, daylight management and indoor comfort. Their growing ad..

Next Story
Technology

SPML Infra's 104.4 kWh BESS Battery Pack Clears Global Tests

SPML Infra has announced that its proprietary 104.4 kWh Battery Energy Storage System (BESS) battery pack has completed key international safety, performance and transportation testing and certification requirements, marking a step towards its commercial deployment.Developed under the company's own intellectual property, the battery pack has completed requirements under UL9540A, IEC 62619, IEC 63056, IEC 60730, IEC 61000-6-2, IEC 61000-6-4 and UN38.3 standards.The testing covers areas including thermal runaway safety, battery performance, system functional safety, electromagnetic compatibility..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code