NEW DELHI: One Prastha Realty, a real estate developer, has secured ₹80 crore in debt financing from Capri Global to support its integrated township project spanning 57 acres in Sonipat, Haryana.
The company has successfully completed an 8.5-acre residential project in Sonipat and has now acquired 57 acres of land for a large-scale township development featuring residential plots and villas, as stated in the company announcement on Tuesday.
Somesh Mittal, Co-Founder of One Prastha, noted the significant demand for residential plots in the Sonipat area, driven by infrastructure growth and improved connectivity to Delhi and Gurugram.
“We see this not merely as raising debt, but as securing capital for strategic growth. This funding will enable us to deliver our current project efficiently and expand the scope and scale of our township by acquiring more land,” said Aditya Goel, Co-Founder of One Prastha.
The capital will be allocated for project development, infrastructure improvement, and the expansion of residential areas and community facilities.
One Prastha Realty LLP was established in 2023.
