Certus Capital Hits Rs. 10 Billion in FY24-25, Expands to Hyderabad

21 Apr 2025 CW Team

Certus Capital, a leading real estate investment firm, has invested Rs. 1.8 billion in a premium residential project in Hyderabad, marking its entry into the city鈥檚 real estate market. Located 15 minutes from HITEC City, the project, developed by CYBERCITY Builders and Developers, is set to cover 33 lakh sq. ft. across two phases. This investment brings Certus Capital鈥檚 total secured, private credit investments to Rs. 10 billion in FY24-25, more than doubling its previous year鈥檚 investment. Founded by Ashish Khandelia, Certus Capital now boasts a growing investor base of over 1,000, with a strong track record of 15%+ net returns on fully exited investments. The company鈥檚 investment platform, Earnnest.me, enhances transparency and reporting, helping secure a 75 per cent repeat investment rate. The latest Hyderabad investment is a collaboration with a leading NBFC with an AUM of Rs. 780 billion. Ashish Khandelia stated, 鈥淥ur goal is to maintain the momentum of 100 per cent growth in FY25-26 while focusing on investment quality.鈥�

Certus Capital

Infrastructure Urban

16 Jun 2025

MoHUA Plans New Role for Smart City SPVs

In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..

Infrastructure Urban

16 Jun 2025

ADB Approves $110 Million Loan to Boost Skills in Gujarat

The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat鈥檚 efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..

Infrastructure Urban

16 Jun 2025

SDAL Tests Rudrastra UAV and Bhargavastra Defence System

Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India鈥檚 Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..