Bhumika Realty announced it has secured ₹170 crore in funding from Aditya Birla Sun Life AMC in partnership with BGO for its recently launched mixed-use project in Faridabad. The investment, routed through the joint real estate credit platform of Aditya Birla Sun Life AMC and BGO, will be utilised for construction, development momentum, and working capital requirements, reinforcing institutional confidence in Bhumika Realty’s execution capabilities. Cushman & Wakefield acted as transaction advisor.
The project achieved full financial closure within three weeks of launch, reflecting strong lender confidence and disciplined structuring. Strategically located in Faridabad, the development is designed as a modern mixed-use destination combining retail, commercial, and lifestyle components. The micro-market continues to benefit from enhanced connectivity and infrastructure upgrades, positioning Faridabad as a natural extension of Delhi’s urban growth.
Commenting on the milestone, Uddhav Poddar, CMD of Bhumika Group, said: “This investment reflects the growing institutional confidence in our development philosophy and execution capabilities. Faridabad is entering a new phase of organised urban growth, supported by infrastructure and rising end-user demand. Closing financial arrangements within weeks of launch reinforces the strength of the project fundamentals and our disciplined approach to capital deployment.”
A. Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC Ltd, added: “Our partnership with Bhumika Group is a testament to our shared vision of supporting high-value projects and driving long-term value creation.” Akshat Pandya, Head of Real Estate at Aditya Birla Sun Life AMC Ltd, noted the strong demand for integrated mixed-use environments in NCR, while Bharat Khanna, Head of India at BGO, highlighted the expansion of their Grade-A portfolio through this marquee project.
The Aditya Birla Sun Life AMC–BGO platform, launched in 2022, has already committed USD 130 million across thirteen projects in six cities, with a target of deploying USD 1 billion by 2028. Cushman & Wakefield’s Somy Thomas emphasised Faridabad’s strategic proximity to Delhi and upcoming infrastructure initiatives such as the FNG Expressway and connectivity to Noida International Airport, which will accelerate regional growth.
Bhumika Realty, part of the Bhumika Group, has built a strong track record in retail-led mixed-use developments and continues to expand across North and Western India. The transaction underscores sustained institutional confidence in NCR’s mixed-use development potential, particularly in micro-markets benefitting from new transport infrastructure and regional economic expansion.
