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Motilal Oswal Alternates Closes Sixth Real Estate Fund At Rs 2,000 Crore

The Indian Realty Excellence Fund VI (IREF-VI) has raised commitments aggregating to Rs 2,000 crore.

PTI

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Motilal Oswal Alternates on Tuesday announced that it has closed sixth real estate fund at Rs 2,000 crore.

The Indian Realty Excellence Fund VI (IREF-VI) has raised commitments aggregating to Rs 2,000 crore, which is 65% higher than the predecessor fund and one of the largest and fastest domestic capital raises in India's real estate credit space, as per a statement.

Also Read: Invesco Likely To Sell Rs 3,400-Crore Stake In Oberoi Realty, Lodha Developers Via Block Deals: Sources

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