Certus Capital to invest ₹125 crore for upcoming housing project in Chennai

The investment of ₹125 crore by Certus Capital, is part of its vision to invest ₹1,000 crore in secured credit in the real estate sector by FY25.

Certus Capital, an institutional real estate investment firm, will be investing ₹125 crore in an upcoming residential project in Chennai undertaken by real estate developer Casagrand through secure bonds platform Earnnest.me, the company said on May 17.

The investment of ₹125 crore by Certus Capital, is part of its vision to invest ₹1,000 crore in secured credit in the real estate sector by FY25. Recently, the company invested Rs. 130 crore in two prime commercial real estate projects in Pune, the company said.

“Our investment with Casagrand is aligned with our goal to create an alternative capital channel for the real estate industry, while providing attractive investment opportunities for investors in real estate projects backed by developers with proven track record. At Earnnest.me, we’ll continue to offer carefully selected investment opportunities. Our larger vision is to play the role of a dominant market maker in developing real estate debt capital markets,” said Ashish Khandelia, founder, Certus Capital.

Since its inception in 2018, Certus Capital has evaluated over ₹40,000 crore of real estate credit exposure forming part of NBFCs and housing finance companies. Certus Capital has also advised foreign institutional investors on close to ₹10,000 crores of closed investments / platform commitments in real estate credit and warehousing space.