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Landmark Group raises Rs 330 crore SBI finance for Gurugram project
Landmark Group secures Rs 330 crore SBI financing for Gurugram project.
Context
What happened: Landmark Group raised Rs 330 crore in financing from SBI for its Gurugram commercial project, Landmark One, a Grade A+ development designed by Sohrab Dalal.
Key numbers: Rs 330 crore SBI financing. Floor plates of about one lakh sq ft with 11 levels of parking. PE inflows into Indian real estate rose 23% year on year to USD 2.7 Bn in H1 FY27 from USD 2.2 Bn.
Why it matters: Landmark Group said the financing provides a strong foundation for construction and helps maintain momentum on execution. The deal comes as PE investment in Indian real estate has staged a strong recovery.
What changed
Landmark Group raised Rs 330 crore in financing from SBI for its Gurugram commercial project, Landmark One, a Grade A+ development designed by Sohrab Dalal.
Why it matters
Landmark Group said the financing provides a strong foundation for construction and helps maintain momentum on execution. The deal comes as PE investment in Indian real estate has staged a strong recovery.