Motilal Oswal Real Estate (MORE)
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 »
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 »
