Casa Grande Pvt. Ltd., one of Chennai’s leading premium real estate enterprises today announced that Avenue Ventures Real estate Fund, Mumbai has invested Rs 25 Crore at Project level. This is the first tranche of investment out of the total planned investments of Rs 55 Crore.
Avenue Ventures is a Mumbai-based Real Estate Fund focused on investments in residential projects with developers having a good growth trajectory in western and southern India.
Casa Grande is a real estate company based out of Chennai started in year 2004, with spreads to Coimbatore and Bangalore. Casa Grande has developed 2.5 Million sq.ft across 32 projects and has a projected pipeline of Rs 1,000crores for this fiscal.
The proposed luxury apartment project is a 2.4 Lakh sq.ft apartment complex with all lifestyle amenities and features coming up in Thoraipakkam, Old Mahabalipuram Road, Chennai.
Arun Kumar, Founder and Managing Director, Casa Grande Private Limited said that Avenue Venture partner has invested at project level and the Project is strategically located in Thoraipakkam which is the most sort-out locations on OMR.
Casa Grande Private Limited, a built and sold 2.5 million Sq.ft residential space in niche residential segments like luxury villas and apartments in Chennai, Bangalore and Coimbatore.
