+
WSB Real Estate invests Rs 1.65 bn in Sowparnika projects
Real Estate

WSB Real Estate invests Rs 1.65 bn in Sowparnika projects

Alternative investment platform Walton Street BlackSoil Real Estate Debt Fund II has invested Rs 1.65 billion in Sowparnika Homes Pvt Ltd for a portfolio of projects across Bengaluru.

These projects cater to the mid-income and affordable segment with an average ticket size of Rs 50 lakh, and are located near key employment centres and IT hubs such as Sarjapur Road, Whitefield and Old Madras Road.

“This is the biggest investment made by WSBREDF-II and we will facilitate the delivery of 2,750 homes in the above category,” said Vimal Jangla, managing partner of WSB Real Estate Partners.

Sowparnika has delivered more than 5 million square feet, covering more than 7,500 homes, in this segment, and currently has 4,500 homes spread across 4 million sq ft under development in Bengaluru.

“Our partnership with Walton Street BlackSoil will help us deliver high-quality value homes and timely delivery of apartments to end users in the affordable and mid-income segment,” said Ramji Subramaniam, promoter of Sowparnika Projects.

WSBREDF-II recently invested over Rs 1.05 billion in two under-construction mid-income housing projects of Pune-based realty developer Paranjape Group.

See also:
Uttar Pradesh to construct 860,000 houses under PMAY
https://www.constructionworld.in/latest-construction-news/real-estate-news/uttar-pradesh-to-construct-860-000-houses-under-pmay/37644
Navi Mumbai: Plot sold for record Rs 554,000 per sq m
https://www.constructionworld.in/latest-construction-news/real-estate-news/navi-mumbai--plot-sold-for-record-rs-554-000-per-sq-m/37641

Alternative investment platform Walton Street BlackSoil Real Estate Debt Fund II has invested Rs 1.65 billion in Sowparnika Homes Pvt Ltd for a portfolio of projects across Bengaluru. These projects cater to the mid-income and affordable segment with an average ticket size of Rs 50 lakh, and are located near key employment centres and IT hubs such as Sarjapur Road, Whitefield and Old Madras Road. “This is the biggest investment made by WSBREDF-II and we will facilitate the delivery of 2,750 homes in the above category,” said Vimal Jangla, managing partner of WSB Real Estate Partners. Sowparnika has delivered more than 5 million square feet, covering more than 7,500 homes, in this segment, and currently has 4,500 homes spread across 4 million sq ft under development in Bengaluru. “Our partnership with Walton Street BlackSoil will help us deliver high-quality value homes and timely delivery of apartments to end users in the affordable and mid-income segment,” said Ramji Subramaniam, promoter of Sowparnika Projects. WSBREDF-II recently invested over Rs 1.05 billion in two under-construction mid-income housing projects of Pune-based realty developer Paranjape Group. See also: Uttar Pradesh to construct 860,000 houses under PMAY https://www.constructionworld.in/latest-construction-news/real-estate-news/uttar-pradesh-to-construct-860-000-houses-under-pmay/37644 Navi Mumbai: Plot sold for record Rs 554,000 per sq m https://www.constructionworld.in/latest-construction-news/real-estate-news/navi-mumbai--plot-sold-for-record-rs-554-000-per-sq-m/37641

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code