PE companies to raise Rs 20,000 cr for affordable residential projects

24 Mar 2022 CW Team

Some domestic and Alternative Investment Fund (AIF) raised include ASK Property Investment Advisors, Motilal Oswal, HDFC Capital Fund, Kotak Investment Advisors and Gruhas Proptechand Lumos.

CEO and Managing Director of ASK Property Investment Advisors (ASK PIA), Sunil Rohokale, told the media that the demand for residential housing has revived after five years. Private equity and AIF should help the real estate industry grow faster. The sector also needs patient and flexible long-term capital to ensure project completion. The fund launched the company's new real estate fund, ASK Real Estate Special Opportunities Fund-IV. It targets Rs 1,500 crore funds for deployment in affordable and mid-segment residential segments and mix-use projects.

Motilal Oswal Real Estate (MORE) has raised Rs 1,200 crore through the first closure of its fifth real estate fund, India Realty Excellence Fund V (IREF V). The company had expanded its fund size due to larger interest from investors.

Kotak Investment Advisors Limited (KIAL) had raised Rs 2,770 crore in its 11th funding round. It aims to invest in early and late-stage real estate projects in the residential, commercial, retail, warehousing and hospitality sectors.

The smart recovery in the residential segment post-Covid-19 pandemic has led to the growth of investments in the sector. The residential sector had attracted 2.3 times investments at $1.08 billion in 2021, compared to $460 million a year ago.

According to Chief Economist at Jones Lang LaSalle (JLL) India, Samantak Das said property sales in 2021 increased by 72% year-on-year (YoY) and sold 128,000 units in the entire year. It reached about 90% of the pre-Covid 2019 sales levels.

Image Source

Also read: Economic benefits in affordable green housing push demand

Several private equity (PE) firms are focusing on the residential real estate segment to raise a cumulative amount of Rs 20,000 crore to deploy in the affordable to the mid residential segments projects in India. Some domestic and Alternative Investment Fund (AIF) raised include ASK Property Investment Advisors, Motilal Oswal, HDFC Capital Fund, Kotak Investment Advisors and Gruhas Proptechand Lumos. CEO and Managing Director of ASK Property Investment Advisors (ASK PIA), Sunil Rohokale, told the media that the demand for residential housing has revived after five years. Private equity and AIF should help the real estate industry grow faster. The sector also needs patient and flexible long-term capital to ensure project completion. The fund launched the company's new real estate fund, ASK Real Estate Special Opportunities Fund-IV. It targets Rs 1,500 crore funds for deployment in affordable and mid-segment residential segments and mix-use projects. Motilal Oswal Real Estate (MORE) has raised Rs 1,200 crore through the first closure of its fifth real estate fund, India Realty Excellence Fund V (IREF V). The company had expanded its fund size due to larger interest from investors. Kotak Investment Advisors Limited (KIAL) had raised Rs 2,770 crore in its 11th funding round. It aims to invest in early and late-stage real estate projects in the residential, commercial, retail, warehousing and hospitality sectors. The smart recovery in the residential segment post-Covid-19 pandemic has led to the growth of investments in the sector. The residential sector had attracted 2.3 times investments at $1.08 billion in 2021, compared to $460 million a year ago. According to Chief Economist at Jones Lang LaSalle (JLL) India, Samantak Das said property sales in 2021 increased by 72% year-on-year (YoY) and sold 128,000 units in the entire year. It reached about 90% of the pre-Covid 2019 sales levels. Image Source Also read: Economic benefits in affordable green housing push demand

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Infrastructure Urban

13 Mar 2026

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Infrastructure Urban

13 Mar 2026

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..