Strata Deploys ₹96 Crore Across New Residential Developments in Chennai and Bengaluru
New Delhi, July 28, 2026: Commercial real estate and private credit investment platform Strata has announced structured credit investments totaling ₹96 crore across three RERA-approved residential developments in Chennai and Bengaluru. The transactions highlight the company’s strategy of deploying capital into high-growth residential micro-markets through senior secured, asset-backed financial instruments, Strata said in a press release.
In Chennai, Strata invested ₹66 crore across two residential development projects in the city’s Old Mahabalipuram Road (OMR) corridor, a key real estate market fueled by information technology expansion and corporate employment hubs. The funding supports a 1.75-acre apartment development in Semmancherry and a 3.21-acre villa project in Navalur. The investments are structured to target returns of approximately 16 percent per annum, distributed through monthly or quarterly coupon models with a 18-month tenure.
In Bengaluru, the platform deployed approximately ₹30 crore into a RERA-registered plotted development spanning 10.5 acres near Devanahalli in North Bengaluru. Situated less than 16 kilometers from Kempegowda International Airport, the project features average plot sizes of roughly 2,000 square feet and is being developed by an established regional developer with over 16.8 million square feet of completed projects. The transaction targets annual returns of approximately 17 percent under a quarterly coupon model over a two-year tenure.
All transactions are underpinned by real asset cover and contractual safeguards designed to maintain financial governance and capital preservation throughout the investment terms.
Commenting on the deployments, Sudarshan Lodha, Co-founder and CEO of Strata, said, “North Bengaluru continues to emerge as one of the city’s most promising residential corridors. This is driven by its proximity to the airport and the rapid infrastructure development around it. It’s much like Chennai’s OMR corridor, which remains one of South India’s most established residential markets, supported by sustained employment growth, expanding infrastructure and strong end-user demand. These transactions reflect our continued focus on structured credit opportunities. They are backed by strong collateral and a security-first approach to underwriting. By combining these elements, we aim to create well-secured private credit opportunities backed by quality real estate assets, centred on preserving capital while supporting quality real estate development in high-growth locations.”
