Key Takeaways
- • Certus Capital announced the first close of its Certus TFCI Real Estate Fund at ₹75 crore (~$8.9 million), with institutional commitments from Certus Capital and Tourism Finance Corporation of India (TFCI) as sponsor and anchor investor.
- • The Category II alternative investment fund focuses on secured real estate debt across residential, commercial, and mixed-use properties with a long-term income strategy.
- • Certus Capital has deployed over ₹1,000 crore in real estate credit commitments during H1 2026 alone, with NCR representing 37% of activity, and has accumulated more than ₹2,500 crore across 20+ secured-debt transactions to date.
- • The fund demonstrates significant operational scale and institutional backing, positioning Certus as a growing player in India's private credit real estate debt segment.
Summary
Certus Capital has announced the first close of the Certus TFCI Real Estate Fund, a Category II alternative investment fund specializing in secured real estate debt financing. The fund achieved an initial institutional commitment of ₹75 crore from Certus Capital and Tourism Finance Corporation of India (TFCI), which serve as sponsor and anchor investor, respectively. This first close represents a significant milestone for the firm's second fund offering focused on the underserved real estate credit market in India.
The fund operates with a long-term income strategy, targeting secured debt opportunities across residential, commercial, and mixed-use real estate segments. This positioning reflects growing institutional appetite for private credit solutions in India's real estate sector, where traditional bank financing has faced constraints and developer demand for alternative capital sources remains elevated.
Certus Capital's deployment track record underscores the fund's operational momentum. The firm closed H1 2026 with over ₹1,000 crore in real estate credit commitments, with the National Capital Region accounting for 37% of this activity. More broadly, Certus has accumulated commitments exceeding ₹2,500 crore across more than 20 secured-debt transactions, demonstrating both scale and diversification across its portfolio.
The first close signals continued institutional confidence in Certus Capital's real estate credit strategy and likely positions the fund for additional capital raises as it continues deployment and investment sourcing activity in 2026.
The fund operates with a long-term income strategy, targeting secured debt opportunities across residential, commercial, and mixed-use real estate segments. This positioning reflects growing institutional appetite for private credit solutions in India's real estate sector, where traditional bank financing has faced constraints and developer demand for alternative capital sources remains elevated.
Certus Capital's deployment track record underscores the fund's operational momentum. The firm closed H1 2026 with over ₹1,000 crore in real estate credit commitments, with the National Capital Region accounting for 37% of this activity. More broadly, Certus has accumulated commitments exceeding ₹2,500 crore across more than 20 secured-debt transactions, demonstrating both scale and diversification across its portfolio.
The first close signals continued institutional confidence in Certus Capital's real estate credit strategy and likely positions the fund for additional capital raises as it continues deployment and investment sourcing activity in 2026.
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