OKAS to raise for affordable homes and office space projects

According to a senior executive, OKAS, the DMI Group's real estate private equity division, is now seeking $500 million for its second real estate fund, which will invest in affordable housing and office space projects. 11 million square feet of space were under construction in the first fund, which invested $250 million across 20 real estate projects in Gurgaon, Noida, Lucknow, and Bangalore.