Certus Capital, an institutional real estate investment firm, has invested approx. Rs 500 crore through secured private credit in four real estate projects, including one commercial office development and three residential projects in Mumbai and Hyderabad. This marks a significant increase in Certus Capital’s total secured private credit investments, raising it to Rs 1,000 crore.
Among the projects funded, the commercial office development is located near Juhu in western suburbs of Mumbai, where about half of the inventory has already been pre-sold. In the residential sector, Certus Capital has invested in a project in Prabhadevi area in Central Mumbai, where structural work is nearly finished and over 60 percent of the units have been sold.
Additionally, the firm has funded a project in Andheri East, where construction has reached the top-out stage for two of the three towers. Collectively, these Mumbai investments cover a space of 5,30,000 sq. ft. Certus Capital has also made its first investment in Hyderabad, committing Rs 180 crore to a residential project in the city. This project, spanning a total saleable area of 3.3 million sq. ft. is being developed in two phases.