Certus Capital invests Rs 80 crore in luxury residential project in Worli, Mumbai

According to reports, Certus Capital, an institutional real estate investment and consultancy firm has invested Rs 80 crore in a luxury residential project in Mumbai's Worli locality being constructed by Techno Group, Fortune Realty, and Gala. The project is called Aakasa, it is situated close to the upcoming Ritz Carlton Hotel. The project is predicted to have a revenue potential of about Rs 350 crore based on the current property pricing in the area. The proposed development already obtained all necessary approvals including the Maharashtra Real Estate Regulatory Authority (MahaRERA) registration number.

The money from Certus Capital will be used to finance the project's construction. With this deal, the real estate investment company will have spent more than Rs 100 crore in this micro market during the last six months. Officials from the company spoke to the press about the company’s future. The company believes it is an ideal time to be investing in the residential sector, on the onset of a strong recovery of the pandemic coupled with a lack of readily available capital.

Certus Capital is a boutique investment bank and financial advisory firm based in London, UK. The company specializes in providing a wide range of financial services to clients, including mergers and acquisitions, debt and equity capital raising, strategic advisory, and corporate finance. With a team of experienced professionals, Certus Capital caters to the needs of both public and private companies across various sectors, such as technology, healthcare, energy, and real estate.

Next (AG advises Noida Authority to allocate dispute-free land)

Certus Capital invests Rs 80 crore in luxury residential project in Worli, Mumbai

This Month

Overview

Explore

Join Us