Isprava Group, one of India’s leading luxury home developers, has secured a fresh debt funding of ₹250 crore from Singapore-based Luxe Opco Holdings. The new capital marks a significant step for the company as it continues to scale its premium holiday homes business across popular destinations like Goa, Alibaug and Coonoor. This is the company’s first major fundraise in nearly three years, highlighting renewed investor confidence in the luxury real estate segment.
The fresh infusion was raised through the issuance of nearly 12 lakh compulsory convertible debentures, each priced slightly above ₹2,000. Alongside this, the company also approved a ₹108 crore investment into Magnara Homes using optionally convertible debentures. These funding instruments offer flexibility, allowing the company to convert the debt into equity at a later stage if required. In simple terms, Isprava has secured the capital it needs to grow today while keeping smart long-term options open for the future.
Rapid Growth and a Strong Business Foundation
Founded in 2016 by Nibhrant Shah, Dhimaan Shah and Rohan Lamba, Isprava has built a strong reputation for developing luxury holiday homes that combine premium architecture with hotel-like services. Their concept is simple but powerful: build exclusive villas in beautiful locations and offer them with end-to-end hospitality support, including housekeeping, concierge assistance and private chefs. This blend of luxury real estate and hospitality has helped the brand create a niche segment of sophisticated travellers and homeowners who prefer privacy over traditional hotels.
Over the years, Isprava has delivered more than 200 such homes, reflecting its strong execution capabilities. Its financial performance further strengthens this reputation. In FY24, Isprava doubled its revenue to ₹452 crore while earning a profit of ₹63 crore, showing healthy demand for luxury homes and premium holiday rentals. The company’s ability to grow consistently even in a competitive real-estate market has made it an attractive choice for investors.
Why Investors Are Betting on Isprava
Investor interest in Isprava reflects a broader trend in the luxury housing and vacation rental industry. With rising disposable incomes and a growing preference for private, high-end travel experiences, the demand for exclusive villas has been steadily increasing. Isprava’s business model is well-positioned to benefit from this shift. The company combines the stability of real estate with the recurring income potential of hospitality, creating a hybrid model that delivers both growth and steady cash flow.
The latest funding also signals confidence in Isprava’s long-term strategy. Its use of convertible debt instruments shows disciplined financial planning, allowing the company to raise substantial capital without immediate dilution of ownership. For investors, this demonstrates a mature and structured approach to scaling the company.
What’s Next for the Luxury Homes Developer
With the new ₹250 crore infusion, Isprava is expected to accelerate the development of new projects while enhancing its rental home portfolio. The company is likely to expand deeper into its key markets while exploring new high-demand holiday destinations. Strengthening its hospitality services will also remain a priority as more travellers seek premium private stays. The fresh capital gives Isprava the momentum it needs to continue building beautifully designed homes that offer both comfort and exclusivity.
Isprava’s latest fundraise marks another strong step in its journey of redefining luxury living in India. The company’s focus on quality, thoughtful design and exceptional service continues to set it apart in a fast-growing market.