Mt K Kapital secures over Rs 5 billion for Mumbai realty investments
ECONOMY & POLICY

Mt K Kapital secures over Rs 5 billion for Mumbai realty investments

Alternative investment fund Mt K Kapital announced that it has raised over Rs 5 billion to invest in real estate projects within the Mumbai Metropolitan Region (MMR). In a statement, the firm revealed that this amount was collected for its inaugural fund, the Mt K Resi Development Fund, which is a Category II SEBI-registered Alternative Investment Fund. Notable investors include SBI, ICICI Bank, Famy Care, and other high-net-worth individuals (HNIs).

The fund has already committed over Rs 3 billion to five projects in the Mumbai area through Keystone Realtors (Rustomjee Group). It is now exercising its green shoe option and aims to finalize the close shortly.

According to the company, favourable macroeconomic conditions are expected to bolster the real estate market and may drive anticipated internal rates of return (IRRs) beyond 25 per cent. Mt K Kapital’s core strategy focuses on quick turnaround residential projects that require low equity investments, allowing investors to receive a share of the profits from redevelopment assets throughout Mumbai.

The AIF plans to invest in 10 to 12 projects across the MMR, particularly concentrating on redevelopment in collaboration with the Rustomjee Group.

Boman Irani, Chairman & Managing Director of Rustomjee Group, stated that the Mt K platform is founded on principles of transparency and alignment of interests between investors and developers. He expressed confidence that this structure would provide value to investors seeking to capitalize on the growth of real estate as an asset class.

Binitha Dalal, founder and Managing Partner of Mt K Kapital, remarked that with a unique market advantage, the company is dedicated to channeling appropriate capital into the real estate sector and maintains a positive outlook on investment opportunities in the MMR. Mt K Kapital operates as a real estate-focused fund management company with a SEBI-approved Category II Alternative Investment Fund license.

Alternative investment fund Mt K Kapital announced that it has raised over Rs 5 billion to invest in real estate projects within the Mumbai Metropolitan Region (MMR). In a statement, the firm revealed that this amount was collected for its inaugural fund, the Mt K Resi Development Fund, which is a Category II SEBI-registered Alternative Investment Fund. Notable investors include SBI, ICICI Bank, Famy Care, and other high-net-worth individuals (HNIs). The fund has already committed over Rs 3 billion to five projects in the Mumbai area through Keystone Realtors (Rustomjee Group). It is now exercising its green shoe option and aims to finalize the close shortly. According to the company, favourable macroeconomic conditions are expected to bolster the real estate market and may drive anticipated internal rates of return (IRRs) beyond 25 per cent. Mt K Kapital’s core strategy focuses on quick turnaround residential projects that require low equity investments, allowing investors to receive a share of the profits from redevelopment assets throughout Mumbai. The AIF plans to invest in 10 to 12 projects across the MMR, particularly concentrating on redevelopment in collaboration with the Rustomjee Group. Boman Irani, Chairman & Managing Director of Rustomjee Group, stated that the Mt K platform is founded on principles of transparency and alignment of interests between investors and developers. He expressed confidence that this structure would provide value to investors seeking to capitalize on the growth of real estate as an asset class. Binitha Dalal, founder and Managing Partner of Mt K Kapital, remarked that with a unique market advantage, the company is dedicated to channeling appropriate capital into the real estate sector and maintains a positive outlook on investment opportunities in the MMR. Mt K Kapital operates as a real estate-focused fund management company with a SEBI-approved Category II Alternative Investment Fund license.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code