Venture Intelligence (TSJ Media Pvt. Ltd.)
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Motilal Oswal Alternates makes first close at Rs.1,250-Cr for sixth realty fund
Motilal Oswal Alternates (MO Alts) has raised over INR 1,250 crore for its sixth real estate fund, India Realty Excellence Fund VI (IREF VI). The fund aims to invest in mid-income and affordable residential projects across eight cities in India.MO Alts has received commitments from high net worth individuals, non-resident Indians, family offices, and corporates. The fund, with a target corpus of INR 2,000 crore (including a green shoe of INR 500 crore), will focus on early-stage investments predominantly in mid-income and affordable residential projects.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.