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India's Motilal Oswal Alternates set to raise $240m for its sixth real estate fund

Motilal Oswal Alternates said it is set to raise up to Rs 2,000 crore ($240.6 million) through its sixth real estate fund.

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Motilal Oswal Group: Motilal Oswal Alternates to raise Rs 2,000 crore through sixth realty fund

Motilal Oswal Alternates (MO Alts), the alternative investments arm of Motilal Oswal Financial Services is set to raise up to Rs 2,000 crore through its sixth real estate fund India Realty Excellence Fund VI (IREF VI) to invest across the top 8 cities of India. The new fund will focus on early-stage investments in mid-income and affordable residential projects in Mumbai, Delhi-NCR, Pune, Bangalore, Chennai, Hyderabad, Kolkata and Ahmedabad. Additionally, selective investments in commercial projects will also be pursued.

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Karnataka
India
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Maharashtra
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West-bengal
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Pune
Hyderabad
Andhra-pradesh

Motilal Oswal Alts changes tack for sixth real estate fund, adds new target market

Motilal Oswal Alternates, the alternative investment arm of Motilal Oswal Group, has floated its sixth real estate-focused fund with a substantially larger target corpus than ..

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