Landmark Group raises Rs 330 crore SBI finance for Gurugram project

Gurugram-headquartered Landmark Group has raised Rs 330 crore in construction finance from the State Bank of India (SBI) for its upcoming commercial development, Landmark One, on Golf Course Extension Road in Gurugram.

Landmark One is a Grade A+ commercial development, designed by Sohrab Dalal and the development features floor plates of approximately one lakh sq ft with 11 levels of parking.

“The financing will provide a strong foundation for the construction and enable us to maintain momentum on the project’s execution,” said Sandeep Chhillar, Chairman, Landmark Group.


The development is located with connectivity to major business and transportation hubs, including AeroCity and the Delhi-Mumbai Expressway, with Cyber City and IGI Airport within convenient driving distance.

Private equity (PE) investment in Indian real estate has staged a strong recovery, with inflows rising 23% year on year to USD 2.7 Bn in H1 FY27 (April to September 2026), up from USD 2.2 Bn in the same period last year, according to Anarock.

This is the strongest first half since H1 FY23 and follows three years of easing, despite continued geopolitical tensions and high global interest rates.

The half-year inflows already account for about 63% of the USD 4.3 Bn invested in the whole of FY26. Deal activity was also broader, with 30 transactions recorded in H1 FY27 against 22 a year earlier, while the average deal size rose 18% to USD 91 Mn.

Domestic investors deployed about USD 1.3 Bn across 24 deals - nearly six times the USD 220 Mn invested in H1 FY26 - and accounted for 48% of total inflows. Just two years ago, in FY25, their share stood at only 16%.

Foreign investors, meanwhile, invested about USD 1.4 Bn across six deals, up 19% year on year. While domestic investors led by number of deals, foreign investors wrote far larger cheques, averaging about USD 238 Mn per deal compared with about USD 54 Mn for domestic investors.