Sundaram Alternates raises Rs.1,000-Cr for real estate fund IV

Sundaram Alternates , part of the Chennai-based Sundaram Finance Group, has surpassed INR 1,000-crore in fundraising for its Sundaram Alternative Opportunities Series – High Yield Secured Real Estate Fund IV.The SA RE Credit Fund IV will focus on South Indian micro-markets, partnering with established developers in the mid-market residential segment. The fund has drawn diverse investors, including institutions, family offices, corporate treasuries, and high-net-worth individuals.