Pragnya Group

Through its real estate opportunity Funds (Pragnya Fund - 1 and Pragnya Fund II) Pragnya continues to build on and execute its strategy to be a preeminent real estate private equity firm focused on the developing markets of India and Sri Lanka. Pragnya was founded in 2003 with an aim to build an investment business based on two key elements - an understanding of the regional and local property markets through diligent research and an investment approach based on operational execution through a dedicated and experienced team. This vision is underscored by a strong commitment to creating value for its stakeholders reflected in the firm's entrepreneurial approach to its investments, a strong partnership culture and an adherence to strong levels of governance and ethical standards. Since its inception the firm continues to navigate the diverse and evolving macro environments, effectively operate in several regional jurisdictions and has patiently built a portfolio of quality real estate assets. Today, Pragnya intersects with over 15 million sq.ft. of development in India and Sri Lanka across its two funds. The portfolio includes residential and commercial developments in suburban metro locations, Tier - II cities of southern and eastern India and in Colombo, Sri Lanka. These projects are being developed in joint ventures with reputed local partners, achieving diversification in both products and geographies. Over the years, Pragnya has also developed a network of relationships with developers, consultants, contractors and stakeholders in the relevant areas of the real estate industry - land procurement and aggregation, design conception, developer and vendor selection, project implementation, marketing and execution.