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Bengaluru-based developer Address Maker has secured an INR 200 crore structured financing line from AI Growth, through its affiliate entities, to support land acquisitions, joint-development agreements and project-level capital needs. The company - which has delivered around 6.7 million sq ft across residential, commercial and plotted developments in Bengaluru and has another 5.2 million sq ft under execution - plans to use the funding to accelerate growth in its home market and to expand into Mumbai. This arrangement mirrors the rising shift toward private credit among Indian real-estate developers seeking liquidity and financial agility.
Bengaluru-headquartered real-estate developer Address Maker has entered into a financing partnership with AI Growth under which the investor, through its affiliate entities, will extend a rolling capital framework worth INR 200 crore. This structured debt facility is intended to support Address Maker's land acquisition and aggregation plans, facilitate joint-development agreement (JDA) opportunities, and meet project-level funding requirements. Advertisement
The financing arrangement is expected to provide Address Maker with agility to respond swiftly to time-sensitive land transactions and emerging development opportunities within a highly competitive market.
Company executives noted that Address Maker has so far delivered about 6.7 million sq ft in Bengaluru, spanning residential apartments, villas, commercial projects and plotted developments. A further 5.2 million sq ft is currently under execution. They added that the new capital line will aid the company's next phase of expansion - strengthening its Bengaluru presence while enabling entry into new markets, including Mumbai.
AI Growth's leadership indicated that the tie-up aligns with its strategy of offering structured, regulated financing solutions to credible developers with strong governance and execution capability. The investor's confidence in Address Maker is rooted in the company's track record and the broader growth potential of India's real-estate sector, particularly amid rising interest in non-bank funding options.
As traditional bank lending remains selective, developers are increasingly adopting private-credit avenues to maintain liquidity, pursue land transactions and enhance their project pipelines. This deal reflects a wider shift in financing patterns, with structured capital becoming a critical tool for real-estate companies aiming to scale rapidly.
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