Dixit Group Plans to Raise ₹500 Crore Through NCDs

Ahmedabad, India: Dixit Group, through its real estate development arm Dixit Infraspace, plans to raise approximately ₹500 crore through Non-Convertible Debentures (NCDs) to finance upcoming projects and accelerate its expansion across India.

According to Pavan Sharma, Group Director of the Ahmedabad-based developer, the fundraising initiative will support the company's ambitious growth strategy, including resort villas, managed farmland, and other real estate developments across multiple cities.

As part of its expansion roadmap, Dixit Group plans to launch 10 resort villa and managed farmland projects in different Indian cities. These developments aim to cater to growing demand for premium lifestyle properties, second homes, and real estate investment opportunities.

The company has set a target of achieving ₹5,000 crore in assets under management (AUM) within the next five years. To achieve this vision, it aims to establish approximately 50 properties across various regions of India.

The planned expansion is also expected to generate up to 10,000 direct and indirect employment opportunities, supporting growth across the real estate, hospitality, construction, and property management sectors.

Dixit Group is currently engaging with family offices, investment funds, and venture capital firms to explore potential financing partnerships. The company aims to attract investors who share its vision of building a diversified real estate portfolio and expanding its presence in India's emerging property markets.

The proposed NCD issuance is expected to strengthen the company's financial resources and support its project pipeline without diluting equity ownership, subject to applicable regulatory requirements and issuance terms.

With its ambitious fundraising and development plans, Dixit Group aims to establish a significant presence in India's evolving real estate sector while contributing to economic growth and employment generation.

All fundraising figures, project plans, and growth targets are based on information provided by the company and remain subject to applicable approvals and execution.