The real estate industry has faced significant challenges in the aftermath of the Covid-19 pandemic. However, despite these setbacks, Panorm, acting as lead advisors for TAD Buildcon, has achieved a major milestone by successfully raising a sum of Rs. 30 Crores for their existing residential and commercial project in Pune.

TAD Buildcon, a prominent player in the real estate sector, approached Panorm seeking their expertise in navigating the challenging market conditions and securing funds for their ongoing project. The private fundraise attracted multiple investors who recognized the potential of TAD’s project and displayed confidence in the recovery of the middle-class housing segment in the coming months.

TAD Director Mr. Ankit Agarwal stated, “Despite the challenges faced by the real estate industry due to the pandemic, the confidence of investors in the project signifies the resilience and potential of the middle-class housing segment. We are optimistic about the recovery of the industry and believe that this fundraise will contribute to the successful completion of TAD’s project.”