Motilal Oswal to Raise Rs 20 billion for Real Estate Fund

18 Aug 2023 CW Team

Motilal Oswal Alternates (MO Alts), the alternative investments division of Motilal Oswal Financial Services, is set to raise up to Rs 20 billion through its sixth real estate fund named 'India Realty Excellence Fund VI (IREF VI).' This fund will primarily target early-stage investments in mid-income and affordable residential projects in cities like Mumbai, Delhi-NCR, Pune, Bangalore, Chennai, Hyderabad, Kolkata, and Ahmedabad. The fund will also selectively invest in commercial projects. Registered as an alternate investment fund (AIF Category II) with the stock market regulator SEBI, MO Alts anticipates achieving its first close by December 2023 and wrapping up the fund-raising process in the subsequent 6-9 months. Anand Lakhotia, co-head of real estate funds at MO Alts, emphasised the significant opportunity in early-stage real estate investments, especially considering the capital needs developers face at project inception.

Real Estate

23 Oct 2025

What Does Home Insurance Really Cover?

Home insurance is one of the most important protections a homeowner can have. It offers financial cover for unexpected damages, losses, or liabilities related to your property. However, many homeowners are not fully aware of what is actually included in their home insurance policy.This guide breaks down what home insurance really covers, so you can be better prepared and make informed decisions.What is home insurance?Home insurance is a financial product that protects your house and belongings against damage, theft, or accidents. It generally includes coverage for the building itself, as ..

Hettich Strengthens Industry Ties at Madhya Pradesh Investment Meet

Hettich India, a global leader in furniture fittings, reinforced its commitment to Madhya Pradesh’s industrial growth as a Guest of Honour at an Interactive Session on Investment Opportunities in Power, Renewable Energy Equipment, and White Goods Manufacturing, hosted by the Government of Madhya Pradesh in partnership with the Confederation of Indian Industry (CII) at Hotel Trident, Nariman Point, Mumbai.The session, chaired by Dr Mohan Yadav, Hon’ble Chief Minister of Madhya Pradesh, brought together leading domestic and international investors, industry representatives, and business lead..

Raimondi Names New Saudi Branch Head

Raimondi Middle East has announced the appointment of Ahmad Shakkour as Branch Manager for the Kingdom of Saudi Arabia, reinforcing the company’s commitment to expanding its presence in one of its key regional markets.With Saudi Arabia driving a wave of large-scale infrastructure and urban development projects, Raimondi aims to strengthen its on-ground operations and customer engagement. The company currently has over 100 cranes deployed across the country and continues to expand its technical and service teams to support growing demand.“Saudi Arabia represents a cornerstone of our regiona..