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Private Sector | Multi State - India | PID: 203613
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Institutional real estate investment company Certus Capital has invested Rs 150 crore across two real estate projects in Mumbai Metropolitan Region (MMR), Maharashtra.
Developed by JSB Group and Dynamix Group, these mid-income housing projects near Mumbai international airport and Vasai have a development of 3,85,000 sq. ft. and revenue potential of over Rs 750 crore. The investments, made for Earnnest.me, which is the digital platform of Certus Capital aligns to the firm’s goal to invest around Rs 1,000 crore in the form of secured credit in the sector, by the end of the ongoing financial year.
With these two deals, Certus Capital has invested around Rs 450 crore since January this year and it expects to close 2024 with total investment of Rs 600 crore. The company has financed projects across cities like Mumbai, Pune and Chennai. It is actively evaluating real estate investment opportunities in Bengaluru and Hyderabad.
| Updated on: 09 - Nov - 2024
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