+
Mt. K Kapital raises Rs 3.5 billion in its maiden real estate fund
ECONOMY & POLICY

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

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

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

Related Stories

Gold Stories

Next Story
Infrastructure Transport

MMRDA Targets Completion of Projects by December 2028

The Mumbai Metropolitan Region Development Authority (MMRDA) is targeting the completion of all its ongoing infrastructure projects by December 2028, a year ahead of its December 2029 deadline, Metropolitan Commissioner Dr Sanjay Mukherjee has said.Speaking at the sixth edition of the Real Estate & Infrastructure Investors' Summit (REIIS) 2026 in Mumbai, Mukherjee said the authority was developing an integrated network of roads, tunnels, sea links and Metro corridors under its broader vision of “Mumbai in 59 Minutes”.The objective is to improve east-west and north-south connectivity an..

Next Story
Building Material

High-Performance Façades Gain Ground in Indian Buildings

High-performance façades are gaining greater importance in Indian architecture as developers and architects increasingly focus on energy efficiency, thermal comfort and building performance, according to Shankar Fenestrations & Glasses.The company said modern façade systems are increasingly being considered as part of a building's overall performance strategy rather than being used primarily as aesthetic elements.High-performance glass, curtain wall systems and structural glazing can contribute to thermal regulation, solar control, daylight management and indoor comfort. Their growing ad..

Next Story
Technology

SPML Infra's 104.4 kWh BESS Battery Pack Clears Global Tests

SPML Infra has announced that its proprietary 104.4 kWh Battery Energy Storage System (BESS) battery pack has completed key international safety, performance and transportation testing and certification requirements, marking a step towards its commercial deployment.Developed under the company's own intellectual property, the battery pack has completed requirements under UL9540A, IEC 62619, IEC 63056, IEC 60730, IEC 61000-6-2, IEC 61000-6-4 and UN38.3 standards.The testing covers areas including thermal runaway safety, battery performance, system functional safety, electromagnetic compatibility..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code