Appetite for Indian Real Estate to Grow

While realty sector may not be in the pink of health, investors are looking at the scenario as an opportunity and are preparing for a revival.
The latest fund raising was by Motilal Oswal Real Estate, the real estate arm of Motilal Oswal Private Equity , that has concluded raising `500 crore under its recently launched real estate fund ­ India Realty Excellence Fund III.The Fund, launched in November 2015 with a target of raising `1,000 crore, has a tenure of five years from final close. Motilal Oswal Real Estate has already started committing money from the fund with target gross internal rate of return of 23-25% from its investments.
(source by:- The Times Of India)

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