Mt. K Kapital raises Rs 3.5 billion in its maiden real estate fund

19 Jan 2023 CW Team

Mt. K Kapital has raised Rs 3.5 billion in its maiden real estate fund from investors including SBI and realty firm Rustomjee. Mumbai-based Mt. K Kapital is a real estate-focused fund management company with a Sebi-approved Category II Alternative Investment Fund licence, that will invest in real estate projects across the spectrum.

In a statement, the company announced the raising of Rs 3.5 billion in the Mt. K Resi Development Fund from anchor investors like SBI, Famy Care, Rustomjee and other HNIs (high net-worth individuals).

"Fifty per cent of the raised funds are in the process of being committed towards three identified redevelopment projects in the MMR (Mumbai Metropolitan Region) region. These include two projects in Bandra and one in Andheri with sale areas ranging between 50,000 to 100,000 sq ft each," it added.

The fund aims to invest in 8-10 projects in the MMR region, with a focus on redevelopment with the Rustomjee Group as the development partner.

Mt. K Resi Development Fund is Mt. K Kapital's ESG Impact Development Fund that provides the opportunity for investors to participate in the equity returns of real estate projects with a marquee developer. The core team is led by Binitha Dalal and Abdeali Tambawala.

The investment committee consists of industry experts and large investors, ensuring the highest level of corporate governance. Real estate consultant Anarock has been a strong support and partner to the fund on its journey and its arm Anarock Capital has played a key role in raising capital for the fund.

Also Read
Noida to receive a new skywalk worth Rs 250 mn
Pre-construction activities of Hyderabad airport works in full swing

Infrastructure Transport

28 Oct 2025

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Driving Infrastructure Forward with Trustworthy AI

At its Year in Infrastructure 2025 conference in Amsterdam, Bentley Systems reaffirmed its vision for trustworthy AI and connected digital ecosystems shaping the future of infrastructure engineering. The company unveiled AI-powered design applications and Bentley Infrastructure Cloud Connect, a unifying platform connecting data, workflows and professionals across the project lifecycle.“AI is poised to transform infrastructure,” said Nicholas Cumins, CEO, Bentley Systems. “At Bentley, our vision is for AI to empower engineers – not replace them. Trustworthy AI, built on infrastruct..