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Motilal Oswal Real Estate to invest Rs.800 crore in current fiscal

Motilal Oswal Real Estate to invest Rs.800 crore in current fiscal

Wednesday, April 19, 2017, 7:36 AM

Motilal Oswal Real Estate, the real estate-focused investment arm of Motilal Oswal Private Equity Advisors Pvt. Ltd, plans to invest around Rs.800 crore this fiscal year and will raise a new fund once it closes the current one. The firm is currently raising capital for India Realty Excellence Fund III (IREF-III), a Rs.1,250 crore fund, of which it has raised Rs.940 crore so far.
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