Real estate developer One Prastha has secured ₹80 crore in funding from Capri Global to advance the development of its flagship 57-acre integrated township project in Sonipat, Haryana. The investment highlights growing investor confidence in Tier-II markets around Delhi NCR, which are witnessing steady infrastructure upgrades and rising housing demand.
Sonipat has emerged as a key growth hub for plotted and township projects due to its connectivity and affordability compared to central NCR. The latest funding reflects Capri Global’s continued interest in real estate ventures across emerging corridors of the region.
Speaking on the transaction, Mr. Somesh Mittal, Co-Founder, One Prastha, said,
“This funding marks a key milestone in our journey to create a sustainable and premium township ecosystem in Sonipat. We are delighted to have Capri Global as our financial partner in this growth phase. The project will be one of its kind in terms of the club experience we are offering and the work we would have executed before launch.”
Aditya Goel, Co-Founder, One Prastha, added,
“We don’t view this as raising debt, but rather as securing strategic growth capital. The funds will empower us to not only deliver our current project efficiently and on time, but also to expand the scale and scope of our township by acquiring additional land. This is a forward-looking investment into building a larger, more integrated community that aligns with our long-term vision for Sonipat.”
The transaction was facilitated by Rezonance Consultants. The raised capital will be used for infrastructure development, residential plot expansion, and community facilities, ensuring project quality and timely delivery.
Hardeep Lamba, Managing Director at Rezonance Consultants, commented,
“Sonipat is one of the most vibrant markets of Delhi NCR with big corporates like Godrej, Jindal, Hero, Neoliv etc. having their presence. With recent infrastructure push by Urban Extension Road and Rapid Transport Rail it is better accessible from the Airport compared to North Delhi itself. This deal reflects the strong investor sentiment and rising institutional interest in the Sonipat real estate market.”
The funding underscores the continued investor focus on Sonipat’s growing real estate potential, driven by new infrastructure projects and expanding developer interest.
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By Ravi Kumar