Motilal Oswal Real Estate raises Rs 650 cr for realty fund IREF V

21 May 2021 CW Team

MORE told the media that they have funded 89 projects through their real estate funds and non-convertible debentures (NCD) investment. They have successfully exited 33 investments.

The company’s total Assets Under Management (AUM) is over Rs 4,400 crore including India Realty Excellence Fund V (IREF V).

IREF V will concentrate on providing senior secured debt in post-approval projects. Over its complete fund life, IREF V would undertake 12 to 15 transactions. The fund has been raised through high net worth individuals and family offices. The fund is established as an alternative investment fund.

Motilal Oswal Real Estate CEO Sharad Mittal said that with the fund, they have repositioned to provide capital requirements during the project life-cycle providing an entire financing solution and becoming the preferred financial partner for real estate developers.

Further, he added that over the last two years there has been a large gap in construction finance available in the sector in accordance with the Non-Banking Financial Company (NBFC) crisis and now the Covid-19 pandemic. In the last two quarters of FY2021, many developers have timed record sales.

It has already ended its first investment in IREF V with Shriram Properties in Bengaluru and has a number of deals that it is currently assessing.

MORE is an alternative investment platform of Motilal Oswal Financial Services Ltd. The cumulative AUM under Motilal Oswal Private Equity is more than Rs 7,500 crore.

Image Source

Also read: Realty fund managers float schemes for construction finance

Also read: Sharad Mittal, Director and CEO, Motilal Oswal Real Estate

Motilal Oswal Real Estate (MORE), a part of Motilal Oswal Private Equity (MOPE), declared that it has raised Rs 650 crore fund and proposes to deploy the capital in mid-income or affordable residential projects over the top seven cities in India for the fifth realty fund. MORE told the media that they have funded 89 projects through their real estate funds and non-convertible debentures (NCD) investment. They have successfully exited 33 investments. The company’s total Assets Under Management (AUM) is over Rs 4,400 crore including India Realty Excellence Fund V (IREF V). IREF V will concentrate on providing senior secured debt in post-approval projects. Over its complete fund life, IREF V would undertake 12 to 15 transactions. The fund has been raised through high net worth individuals and family offices. The fund is established as an alternative investment fund. Motilal Oswal Real Estate CEO Sharad Mittal said that with the fund, they have repositioned to provide capital requirements during the project life-cycle providing an entire financing solution and becoming the preferred financial partner for real estate developers. Further, he added that over the last two years there has been a large gap in construction finance available in the sector in accordance with the Non-Banking Financial Company (NBFC) crisis and now the Covid-19 pandemic. In the last two quarters of FY2021, many developers have timed record sales. It has already ended its first investment in IREF V with Shriram Properties in Bengaluru and has a number of deals that it is currently assessing. MORE is an alternative investment platform of Motilal Oswal Financial Services Ltd. The cumulative AUM under Motilal Oswal Private Equity is more than Rs 7,500 crore. Image Source Also read: Realty fund managers float schemes for construction finance Also read: Sharad Mittal, Director and CEO, Motilal Oswal Real Estate

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Building Material

11 Dec 2025

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Building Material

11 Dec 2025

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..