Kotak Realty Fund’s Phase I investment will support Smartworld Sky Arc and Trump Residences in Sector 69, Gurugram, with a combined GDV of over ₹8,200 crore.
ET Realty Industry reported on September 12, 2026, that Kotak Realty Fund will invest about ₹800 crore in Phase I of its partnership with Smartworld Developers. The investment will support Smartworld Sky Arc and Trump Residences in Sector 69, Gurugram.
What happened
Kotak Realty Fund’s investment is planned for two Smartworld Developers projects: Smartworld Sky Arc and Trump Residences. Both are located in Sector 69, Gurugram.
The two projects together have a gross development value (GDV) of over ₹8,200 crore. The investment is part of Phase I of the partnership between Kotak Realty Fund and Smartworld Developers.
Why it matters
The disclosed investment gives the two Gurugram projects access to about ₹800 crore in funding support. The combined GDV of the projects is stated at more than ₹8,200 crore.
Expert view
The available information links the investment to both projects but does not state how the ₹800 crore will be divided between Smartworld Sky Arc and Trump Residences. It also does not provide project-wise timelines or other execution details.
What buyers should check
Buyers and investors should confirm which project and phase they are evaluating, since the investment is specifically described as supporting Phase I. They should also review project-specific information for Smartworld Sky Arc and Trump Residences, as the source provides only their location and combined GDV.