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Build Capital Announces Successful Exit from its second SRA Project Investment

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....uild Capital Announces Successful Exit from its second SRA Project Investment<BR>PTI News<BR>Dated:- 13-3-2025<BR>PTI<BR>Mumbai (Maharashtra) [India], March 13: Build Capital, a pioneering early-stage real estate financier, has successfully exited its investment in a Slum Rehabilitation Authority (SRA) project near Bandra-Kurla Complex (BKC), Mumbai. This marks another successful exit for Build Ca....

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....pital this year, reinforcing its commitment to creating superior stakeholder value through structured real estate financing solutions. Build, invested along with the developer at an early stage thereby facilitating acquisition of a project that had already suffered significant time over runs. Build’s investment helped the developer complete the balance rehab works as well as convert the scheme....

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.... parameters to DCPR 2034 thereby enhancing the total project economics. The project, with a total development potential around 2.25 lakh sq. ft. of carpet area, is projected to generate revenue exceeding Rs. 725 crore upon completion. The investment generated an impressive Internal Rate of Return (IRR) of 19.76%, with 100% on-time interest payments to investors. This investment underscores Bui....

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....ld Capital’s expertise in identifying high-potential opportunities and facilitating their turnaround through structured funding and strategic oversight. Commenting on the milestone, Mr. Kuldeep Jain, CEO of Build Capital, stated, “Our strategic funding and active involvement were instrumental in reviving this project and ensuring its successful progress. We take pride in unlocking value in e....

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....arly-stage developments and working closely with developers to drive execution. Build Capital remains committed to providing structured debt solutions across various real estate asset classes, ensuring high returns for investors while enabling project completion.” (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the sam....

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....e.). PTI PWR PWR<BR> News - Press release - PIB....