Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Motilala Oswal to to raise fund for residential projects

Comments(2) Sub Category:Mumbai,Realty News Posted On: Sep 13, 2012

Motilal Oswal Private Equity Advisors Pvt. Ltd plans to raise around Rs.500-600 crore to invest in residential projects in large cities.

This new fund will be Motilal Oswal’s second in the real estate space. It had earlier raised Rs.200 crore under the India Realty Excellence Fund (IREF) in 2009.

This time around, Motilal Oswal wants to target high-networth investors (HNIs) and institutional investors for the new property fund.

The company sources state that institutional investors are crucial because the new alternate investment fund guidelines have raised the minimum ticket size for investments to Rs.1 crore from Rs.25 lakh and it would be difficult for the company to rely solely on high-networth investors.

To read more real estate news:

Around 70 real estate developers under CCI scanner

2 Responses to “Motilala Oswal to to raise fund for residential projects”

  1. [...] Motilala Oswal to to raise fund for residential projects [...]

  2. [...] Motilala Oswal to to raise fund for residential projects [...]

Leave a Reply



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!