Walton Street Blacksoil Real Estate Debt Fund II (WSBREDF-II) has announced an investment of Rs 165 crore in a portfolio of projects being executed by Sowparnika Homes Private Limited primarily across Bengaluru.
Sowparnika Homes is catering to the middle-income/affordable segment with an average ticket size of Rs 50 lakh in a project close to key employment centres and IT Hubs such as Sarjapur Road, Whitefield, and Old Madras Road.
“We are pleased to partner with Sowparnika Projects whose core focus is the development of mid-income and affordable housing projects using continuously innovative and sustainable practices towards the development process. This