Partnership · Real Estate & PropTech
Smartworld Developers partners with Kotak Realty Fund
By Startup Enthusiast ·
- Date
- Company
- Smartworld Developers
- What it does
- Real estate residential developer
- Kind
- Partnership
- Amount
- Rs 800 Cr
- Stage
- growth
- Based in
- Gurugram
- Sector
- Real Estate & PropTech
What they do
Smartworld Developers is a Gurugram-based real estate firm that focuses on developing residential projects and luxury housing communities
What happened
The company formed a partnership with Kotak Realty Fund to secure an investment of Rs 800 crore for two residential projects in Gurugram
Why it matters
These projects, including Trump Residences, are expected to generate a total sales revenue of Rs 8,200 crore for the developer
The details
- Smartworld Developers entered a strategic partnership with Kotak Realty Fund to develop two major residential projects in Gurugram.
- The investment from the fund is valued at approximately Rs 800 crore.
- The projects involved in this collaboration are Smartworld Sky Arc and Trump Residences located in Sector 69.
- The company expects these two developments to yield a total sales revenue of Rs 8,200 crore.
- This follows a previous collaboration last year where the company launched a luxury Trump-branded project with an investment of Rs 2,200 crore.
The bigger picture
- Smartworld Developers is an affiliate of the established realty firm M3M India.
- The company has received multiple industry awards in 2026, including the Brand Collaboration of the Year for its work with Elie Saab.
- The firm maintains a significant development pipeline with 2 crore square feet currently under construction.
About the business
- The company specializes in residential real estate development across various sectors in Gurugram.
- Its project portfolio includes Smartworld Residences by ELIE SAAB, Smartworld The Edition, and Smartworld One DXP.
- The firm reports 35,000 happy customers and has successfully delivered 6.5 million square feet of space.
- It manages assets worth Rs 40,000 crore.
- The company plans to develop 7 crore square feet of space over the next five years.
What happens next
- The company aims to develop 7 crore square feet of real estate over the next five years.
The deal
- Type
- partnership
Investors
- Kotak Realty Fund (lead) — The real estate investment arm of Kotak Alternate Asset Managers Ltd.
Founders
- Aishwarya Bansal, Co-founder
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