Motilal Oswal Alternates raises over Rs 1,750 cr for sixth fund
Motilal Oswal Alternates (MO Alts), the alternative investments arm of Motilal Oswal Financial Services, has raised over Rs 1,750 crore for its sixth real estate fund India Realty Excellence Fund VI (IREF VI) to focus on investments across top eight cities of India.
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MO Alts has committed around Rs 1,300 crore to developers through its platform in this financial year of which Rs 1,000 crore has been committed across projects in Mumbai, Pune, Chennai, Hyderabad, and Kolkata from this latest fund.
The fund has made these investments across mid-income housing projects of developers including Ajmera Realty and Runwal Enterprises in Mumbai, Ambuja Neotia Group in Kolkata, Casagrand Group and Radiance Realty in Chennai, Mantra Properties in Pune, BSafal Group in Ahmedabad, Bhagwati & Gami Group in Navi Mumbai and Candeur Group in Hyderabad.
“India’s real estate sector has shown remarkable resilience, underpinned by strong economic fundamentals, stable interest rates, and supportive government policies. In 2024, the residential market witnessed significant growth, a trend we expect to continue with increasing home loan deployments, declining interest rates, and infrastructure advancements. These favourable conditions align perfectly with our investment strategy and bolster our optimism for sustained growth in the sector,” Saurabh
