Motilal Oswal Real Estate
The last one hour of trading on Monday, May 26, witnessed the benchmark indices erasing the intra-day gains to end the day flat-to-negative; largely because of the plunges in the stock of property developers, as well as energy and consumer durables firms. Specifically speaking, Sensex breached nearly 25,000 intra-day on Monday, closing precisely at 24,716.88, [...] Continue Reading »
On Wednesday, domestic brokerage Motilal Oswal said that it is undertaking into the home finance space. The initial capital being R100 Crore. Aspire Home Finance Corporation (AHFC), which is promoted by the Motilal Oswal Group, obtained a certificate of registration from sector regulator National Housing Bank (NHB). This was to start off with operations as [...] Continue Reading »
India Realty Excellence Fund II LLP, Motilal Oswal’s second real estate private equity fund, has made a fresh investment of 60 crore in housing project of Mumbai-based developer Ahuja Group’s. The company has raised this fund for deployment in its Ambernath project, in Mumbai’s central suburb, spread across 2.5 million square feet. The management of [...] Continue Reading »
The India Realty Excellence Fund II LLP has raised this fund for deployment in its Ambernath project spread across 2.5 million square feet in Mumbai’s central. As per the person related to the development, this deal was closed in beginning of January. Motilal Oswal Real Estate fund, which is the real estate wing of Motilal [...] Continue Reading »
Announcing the first closure of its second real estate fund, India Realty Excellence Fund (IREF) II LLP, Motilal Oswal Real Estate (MORE) has raised Rs 225 crore in three months. The fund was launched in November 2013, with a target to raise Rs 300 crore and with a Green Shoe option of Rs 200 crore. [...] Continue Reading »
The real estate arm of Motilal Oswal Private Equity, Motilal Oswal Real Estate (MORE), has announced the first closure of its second real estate fund. The fund — India Realty Excellence Fund (IREF) II LLP – has raised Rs 225 crore in three months. The fund is targeting to raise Rs 300 crore with a [...] Continue Reading »
