Mount K Kapital Raises Rs 40 Billion Second Realty Fund

02 Dec 2025 CW Team

Real estate-focused investment platform Mount K Kapital, backed by the Rustomjee Group, on Thursday announced the close of its second real-estate fund worth $450 million (around Rs 40 billion).

Founder and managing partner Binita Dalal told Business Standard that the fund will finance 10 to 15 projects across the Mumbai Metropolitan Region (MMR), Delhi NCR, Bengaluru and Pune.

Backed by strong but undisclosed general partners (GPs) and limited partners (LPs), the second fund aims to invest at the acquisition stage and support development partners throughout the project lifecycle. Dalal said the seven-year credit fund will target residential, mixed-use and redevelopment projects deliverable within five years.

“The deployment target for the new fund is early 2026, supported by a strong pipeline of projects currently under evaluation,” she added.

Mount K Kapital is also working on exits from its first Rs 7.9 billion fund, with plans to complete them over the next couple of years. The inaugural fund had marquee backers, including SBI, ICICI Bank, SBI Life, Famy Care, and several prominent family offices.

Boman Irani, chairman and managing director of the Rustomjee Group, said the first fund established the platform’s discipline in underwriting, monitoring and investor engagement. He added that the second fund will further strengthen Mount K Kapital’s position as a key institutional capital provider to the real-estate sector.

The fundraise comes amid strong momentum in the property market, supported by resilient residential demand, high sales velocity and consolidation towards established developers.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..