{"id":48258,"date":"2025-11-26T18:37:12","date_gmt":"2025-11-26T13:07:12","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2025\/11\/26\/ironwood-appoints-balaji-raghavan-to-lead-affordable-housing-portfolio\/"},"modified":"2025-11-26T18:37:12","modified_gmt":"2025-11-26T13:07:12","slug":"ironwood-appoints-balaji-raghavan-to-lead-affordable-housing-portfolio","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2025\/11\/26\/ironwood-appoints-balaji-raghavan-to-lead-affordable-housing-portfolio\/","title":{"rendered":"Ironwood Appoints Balaji Raghavan to Lead Affordable Housing Portfolio"},"content":{"rendered":"<div>\n<p><img loading=\"lazy\" width=\"1200\" height=\"675\" src=\"https:\/\/financialtelegraph.in\/wp-content\/uploads\/2025\/11\/PNN-2025-11-26T150748505.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Ironwood\" decoding=\"async\"><\/p>\n<p><span data-sheets-root=\"1\"><strong>Mumbai (Maharashtra) [India], November 26:<\/strong> <\/span>Ironwood has appointed Balaji Raghavan to lead its affordable housing and real estate development initiatives, strengthening its position in one of India\u2019s most resilient residential segments.<\/p>\n<p>This follows Ironwood Education Limited\u2019s agreement to acquire 100% of Trio Infrastructure Private Limited (TIPL) through a share swap, as disclosed in its BSE filing dated February 26, 2025. The no-cash transaction makes TIPL a wholly owned subsidiary of Ironwood.<\/p>\n<p>On November 25, 2025, the Board of Directors also approved raising funds through a preferential issue or private placement and appointed Raghavan as Additional Director and Managing Director.<\/p>\n<p>Further, the company\u2019s board approved a preferential issue, proposing marquee investors such as Capri Global Capital, Darius Pandole, former MD &amp; CEO of JM Financials Private Equity, and Sanjiv Rastogi.<\/p>\n<p>Raghavan brings over two decades of experience across mortgage finance, real estate investments, and development. He helped build India\u2019s modern mortgage business at ICICI Bank, managing a \u20b960,000 crore home-loan portfolio. He later created a leading real estate investment platform at IIFL, deploying over \u20b912,000 crore across 100-plus transactions with major developers and global investors.<\/p>\n<p>Since 2021, he has focused on affordable housing development in Mumbai, bringing deep insight into homebuyer needs, credit gaps, and India\u2019s urban housing deficit.<\/p>\n<p>Under his leadership, TIPL is developing the first phase of a 2,52,000 sq. ft. residential project in Madhuban Township, Gokhivare, Vasai East, offering 1 BHK and 2 BHK homes. A second phase of 1,50,000 sq. ft. is planned for the next financial year.<\/p>\n<p>The project is progressing on schedule, supported by strong sales traction and stable financial backing from SBI and customer collections.<\/p>\n<p>Ironwood is also advancing approvals for two additional affordable housing projects expected to launch within six months.<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], November 26: Ironwood has appointed Balaji Raghavan to lead its affordable housing and real estate development initiatives, strengthening its position in one of India\u2019s most resilient residential &hellip; <a href=\"https:\/\/financialtelegraph.in\/index.php\/2025\/11\/26\/ironwood-appoints-balaji-raghavan-to-lead-affordable-housing-portfolio\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":48259,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-48258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/48258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=48258"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/48258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/48259"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=48258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=48258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=48258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}