Latest news with #IndianRealtyExcellenceFundVI
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Business Standard
7 days ago
- Business
- Business Standard
Motilal Oswal Alternates raises ₹2,000 cr for realty fund, clocks 20% IRR
Motilal Oswal Alternates (MO Alternates), the alternative investments arm of Motilal Oswal Group, on Tuesday announced the final close of its sixth real estate fund—Indian Realty Excellence Fund VI (IREF VI)—with commitments totaling ₹2,000 crore. The raise marks a 65% jump over its predecessor and is among the fastest domestic capital raises in India's real estate credit market, the company said in a statement. The fund garnered significant interest from Indian high-net-worth individuals (HNIs), family offices, and offshore investors through the GIFT City route. Over 75% of the fund corpus is already deployed across 15 projects in key urban hubs including Mumbai, Pune, Chennai, Bengaluru, Hyderabad, and Kolkata. Developer partners include names like Ajmera Realty, Runwal Enterprises, Ambuja Neotia, Casagrand, Radiance Realty, and Assetz Group, among others. The fund is focused largely on mid-income housing, in line with robust end-user demand trends. IREF VI has already completed its first exit, delivering an internal rate of return (IRR) of 20.25%. Since the beginning of 2024, MO Alternates has committed over ₹2,500 crore across more than 35 real estate deals and has exited over 30 investments worth ₹2,200 crore. Its cumulative AUM in real estate has now crossed ₹10,000 crore, making it one of the largest homegrown platforms in the alternative real estate space. The firm has made over 180 investments to date, securing more than 110 full exits. It currently manages over $2 billion in assets across real estate and private equity strategies. The platform's cumulative assets under management (AUM) in real estate now exceed Rs 10,000 crore across six real estate funds and co-investments. 'Credit demand for land acquisition is accelerating rapidly in India, supported by strong residential appetite, rising land prices, and tightening of bank lending norms,' said Saurabh Rathi, MD & Co-Head (Real Estate), MO Alternates. 'Alternative platforms like ours are stepping in to bridge funding gaps with flexible, tailored structures.' Anand Lakhotia, MD & Co-Head (Real Estate), added, 'The overwhelming response from investors is a testament to our disciplined approach. We are committed to upholding high standards of performance and governance.' Vishal Tulsyan, Co-founder and Executive Chairman of MO Alternates, said the platform's decade-long track record and domain-led underwriting capability have helped build a 'differentiated position in India's alternative investment landscape.' As competition heats up in India's real estate debt space, MO Alternates is positioning IREF VI to back high-quality developers with clear exit visibility and strong project fundamentals.
Time of India
22-07-2025
- Business
- Time of India
Motilal Oswal Alternates raises ₹2,000 crore through its sixth real estate fund
NEW DELHI: Motilal Oswal Alternates ( MO Alternates ), the alternative investments arm of Motilal Oswal Group , has raised commitments aggregating to ₹2,000 crore through its sixth real estate fund – Indian Realty Excellence Fund VI (IREF-VI). The capital for this fund has been raised from family offices, Indian HNIs and has also received commitments from offshore investors through the GIFT City route. About 75% of the fund already committed across 15 diverse real estate projects spanning Mumbai, Pune, Chennai, Bengaluru, Hyderabad, and Kolkata. The fund's portfolio is primarily focused on mid-income residential developments. The company has already recorded its first exit from this IREF VI, with an internal rate of return (IRR) of 20.25%. Since the start of 2024, it, through its funds and co-investments, has committed over ₹2,500 crore across more than 35 real estate projects and achieved full exits from over 30 investments, with total divestments exceeding ₹2,200 crore. The platform's cumulative assets under management (AUM) in real estate now exceed ₹10,000 crore across six real estate funds and co-investments. The platform has made over 180 investments and secured more than 110 complete exits.
News18
22-07-2025
- Business
- News18
Motilal Oswal Alternates closes sixth real estate fund at Rs 2,000 cr
The Indian Realty Excellence Fund VI (IREF-VI) has raised commitments aggregating to Rs 2,000 crore, which is 65 per cent 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. PTI AA SHW
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Business Standard
22-07-2025
- Business
- Business Standard
Motilal Oswal alternates closes ₹2,000 crore sixth real estate fund
Motilal Oswal Alternates (MOA), the alternative investment arm of Motilal Oswal Group, announced the closure of its sixth real estate fund – Indian Realty Excellence Fund VI (IREF-VI) – raising Rs 2,000 crore. The fund's portfolio is primarily focused on mid-income residential developments designed to meet the rising demand from urban homebuyers. MOA noted that a substantial share of the capital was raised from family offices and Indian high-net-worth individuals (HNIs), underscoring strong domestic conviction in the real estate credit space. Additionally, commitments from offshore investors via the GIFT City route reflect growing global confidence in the Indian real estate market. Saurabh Rathi, Managing Director & Co-Head (Real Estate) at MOA, said, 'Credit demand for land acquisition in India is accelerating rapidly, driven by a renewed appetite for residential development, rising land values, and limited availability of structured capital. With continued tightening of regulatory norms for traditional lenders, alternative credit platforms are increasingly stepping in to bridge the funding gap with tailored solutions that meet the unique needs of developers.' MOA has allocated capital across 15 real estate projects, partnering with leading developers such as Ajmera Realty, Runwal Enterprises, Ambuja Neotia Group, Casagrand Group, Radiance Realty, Mantra Properties, Assetz Group, Akshar Group, Bhagwati Group, and ASBL Group. To date, 75 per cent of the fund has been deployed across projects in key urban markets, including Mumbai, Pune, Chennai, Bengaluru, Hyderabad, and Kolkata. MOA has marked its first exit from IREF VI, delivering an internal rate of return (IRR) of 20.25 per cent. To date, it has executed over 180 investments and achieved more than 110 full exits. Since the beginning of 2024, the firm, through its funds and co-investments, has committed over Rs 2,500 crore across more than 35 real estate projects. It has also exited over 30 investments, with total divestments exceeding Rs 2,200 crore. Commenting on the fund's closure, Vishal Tulsyan, Co-founder and Executive Chairman of MOA, noted that over the past decade, the firm has established a differentiated position in the alternative asset management space by combining deep sector expertise with a robust governance framework. The platform's cumulative assets under management (AUM) in real estate exceed Rs 10,000 crore, spread across six real estate funds and multiple co-investments. Overall, the alternative investments platform manages more than $2 billion in cumulative AUM across real estate and private equity strategies.
