TVS Emerald Secures ₹425 Crore from IFC for Housing Projects


NEW DELHI: Realty company TVS Emerald has secured Rs 425 crore in equity funding from the International Finance Corporation (IFC) to finance new housing developments.

Part of the TVS Group, TVS Emerald announced on Thursday that these funds will assist in the development of two upcoming residential projects, set to launch in the next fiscal year in Chennai and Bengaluru, along with additional projects in the pipeline.

The company will allocate Rs 136 crore for the Chennai project and Rs 103 crore for the Bengaluru project. The remaining funds will support further residential ventures over the next two years.

The combined revenue potential of the new projects in Chennai and Bengaluru is estimated at Rs 4,400 crore.

TVS Emerald specializes in developing residential projects and self-sustaining communities, primarily in Chennai and Bengaluru.

The company has successfully delivered over 6 million sq ft of residential space and currently has more than 9 million sq ft under development.

  • Published On Jan 22, 2026 at 09:07 PM IST

Join the community of over 2M industry professionals.

Subscribe to our newsletter for the latest insights & analysis delivered to your inbox.

Stay updated on the ETRealty industry right on your smartphone!


Related Posts

No Construction Without Plinth Marking in Bengaluru, Say Officials

BENGALURU: Aiming to address building plan violations and unauthorized constructions, the Bengaluru Central City Corporation has enacted a comprehensive order. This mandates plinth-line marking, plan verification, and time-constrained demolitions for all constructions within its jurisdiction. According to Commissioner Rajendra Cholan, “Under the new guidelines, construction work cannot commence without obtaining the approved ‘building plinth-line marking.’ Town-planning officials are required to mark foundation boundaries within 30 days of plan approval and issue a foundation certificate before any construction can proceed.” He further mentioned, “Senior planning officials have been tasked with ensuring compliance with this process. To enhance transparency, approved building plans…

Farmers Fume as Ghaziabad Body Seeks to Halt Harnandipuram Rate Hike

GHAZIABAD: Farmers are furious after the Ghaziabad Development Authority (GDA) requested the stamp and registry department to refrain from increasing the DM circle rates— the minimum value set by the district magistrate for property transactions — for villages designated for the Harnandipuram township. This has reignited farmer protests, as they had previously called for an increase in the DM circle rate, which is crucial for determining stamp duty and registration fees. “A protest is already underway in these villages, and the GDA’s letter has only intensified the situation. We are determined to protect our land for our children’s future,” said…

Raymond Realty to List on Exchanges, Forecasts Over 20% Growth

File Photo NEW DELHI: Raymond Realty (RRL), the real estate division of Raymond Group, is set to debut on Indian stock exchanges after its demerger from Raymond. The goal of this listing is to enhance shareholder value by forming a focused, debt-free real estate entity. Harmohan Sahni, MD & CEO of the company, stated, “Our net debt-free balance sheet, ownership of 100 acres of land, and a capital-efficient joint development model position us for sustainable annual growth of over 20% and an industry-leading ROCE exceeding 20%.” RRL operates under three residential brands: TenX, The Address by GS, and Invictus. The…