"TVS Emerald has secured a ₹425 crore investment from the International Finance Corporation (IFC) to drive its expansion plans."

TVS Emerald, a leading real estate developer, recently announced that it has received an equity investment of ₹425 crore from the International Finance Corporation (IFC).

The company said the funds will be used to develop two residential projects slated for launch in FY27. Of the total investment, ₹136 crore will be allocated to a project on the Pallavaram–Thoraipakkam Radial Road in Chennai, while ₹103 crore will be invested in a project at Sathanur in Bengaluru. The remaining amount will be earmarked for additional residential projects planned over the next two years.

According to a company release, the two projects together offer significant growth potential, with an estimated combined top-line of around ₹4,400 crore. This includes approximately ₹1,600 crore from the Sathanur project and ₹2,800 crore from the Pallavaram–Thoraipakkam Radial Road project.