NEWS

Realty Plus - - Table of Content -

Pri­vate eq­uity real es­tate fund Moti­lal Oswal Real Es­tate (MORE) is look­ing to raise up to Rs 1,500 crore through its fourth fund In­dia Realty Ex­cel­lence Fund IV (IREF IV) to in­vest in mid-in­come and af­ford­able hous­ing. MORE is aim­ing to achieve first close of its fourth fund by Au­gust and con­clude the fundrais­ing over the next 9-12 months. Last year, the fund raised over Rs 1,000 crore of which about 80% has al­ready been de­ployed across 13 transactions.

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