Shapoorji Pallonji Real Estate Announces BKC 9, a Project Financed by WSB Fund II
Anticipates Revenue Exceeding INR 250 Crore
Mumbai, Maharashtra, India Feb 19, 2024 16:09 IST After the resounding success of Shapoorji Pallonji Real Estate’s premium project BKC 28, WSB Real Estate Debt Fund II (WSBREDF II) has invested INR 55 crore in another premium project, BKC 9, situated in Bandra East, Mumbai. BKC 9 is a collaborative effort between Shapoorji Pallonji Real Estate (SPRE) and Vakratunda Realty Private Ltd.
BKC 9 Project
The WSBREDF-II fund has committed an investment of INR 55 crore to complete the premium project, BKC 9. This underscores the fund’s commitment to nurturing innovative and high-quality real estate ventures. Following the INR 75 crore investment in BKC 28 in 2022, which achieved sales of approximately INR 200 crore, the collaboration a...