LICHFL AMC invested ₹165 Cr in Adarsh Greens, a residential development by Adarsh Developers located in Kogilu, North Bengaluru. The investment has been fully exited, delivering a Gross IRR of 25% and a MOIC of 1.51x.
Adarsh Greens is a large-scale gated residential community offering well-designed 2 BHK homes catering to strong end-user demand. The project features extensive lifestyle amenities including a clubhouse, swimming pool, gymnasium, landscaped open spaces and dedicated children’s play areas, along with multiple sports facilities such as tennis, basketball, badminton and football courts. Its location in Kogilu provides strong connectivity to key employment hubs, schools, healthcare centres and retail destinations, supporting sustained residential absorption in the micro-market.
