Sector 82, Mumbai
Investment Thesis
The Credit Thesis: The project is 85% complete with 60% of inventory sold. The developer needs ₹15Cr for finishing costs (interiors/facade) to trigger handover. This is "Last Mile" funding where the execution risk is minimal compared to greenfield projects.
Security Structure: Theia holds a 2x Collateral Cover via mortgaged unsold inventory. We enforce an Escrow mechanism which ensures receivables from sold units service our interest first before the developer takes a single rupee out.
Return Simulator
Fixed Yeild
20%
Pay-out Freq
Quarterly
Tenure
8 Mos
*Projections based on historical performance of this asset class.
Why Invest
2x Asset Cover
Loan is ₹15Cr backed by ₹30Cr worth of unsold luxury apartments.
Escrow Control
First charge on all future cash flows from the project.
Why Not Invest
Risk Factors
If sales velocity slows, principal repayment might extend by 3-6 months.
Reinvestment Risk
Short 12-month tenure creates reinvestment risk upon maturity.
Includes: Title Search Report (TSR), Financial Model, and Legal Opinion.
Restricted to verified investors only.