Build Capital, an innovative early-stage real estate fund, has completed its maiden investment in the Navi Mumbai market. This investment in Satyam Group’s project is part of Build’s strategy to become a preferred partner in early – stage real estate financing in Mumbai Metropolitan Region (MMR).

Build Capital has further announced that it plans to invest close to Rs 1.5 billion (bn) in the Navi Mumbai market out of its total target investments of Rs. 4 bn for the year 2025. Kuldeep Jain, CEO and Co-Founder, Build Capital said, “We are plugging the existing gaps of early-stage financing in the real estate industry with our inventive approach. As a strategy, we are focusing on investments in the MMR and Navi Mumbai is a focus micro-market for us considering the surge in real estate development in the area”.

Build Capital is further eyeing at a total early-stage financing book of over Rs 4 bn through 15-20 transactions targeted across MMR in the year 2025. Since inception in April 2024, the fund has clocked transactions worth Rs 1 bn. So far Build has invested in SRA projects, Society redevelopment projects and with this transaction it has entered the CIDCO plot development market segment as well. 

Rahul Nahata, Co-Founder of Build Capital said, “This new investment in Satyam Group has enabled us to create a formidable offering within the MMR real estate financing space. We hope to double our team size this year thereby allowing us to quickly assess and mobilize capital for RE developers of the MMR zone. Based on our in-house expertise we are able to quickly assess project opportunities and deploy capital, sometimes as early as 15-20 days.”

The real estate financing industry is projected to achieve a market size of US$ 1 trillion by 2030, rising from US$ 200 billion in 2021 and contributing 13 per cent to the country's GDP by 2025. An early-stage financing occupies a significant chunk, which is largely overlooked by conventional modes of financing over to the nature and duration of investments required therein.