Maharashtra RERA Resolves 5,267 Complaints; AUM, SIDBI, and Mutual Fund Updates
Maharashtra Real Estate Regulatory Authority (MahaRERA) has resolved 5,267 complaints in ten months. Artha Bharat Investment Managers aims to expand its assets under management (AUM) to USD 3 billion by 2030. SIDBI opens a new office in central Mumbai, and The Wealth Company launches its first flexi cap mutual fund.
MahareraAumSidbiMutual FundFlexi CapReal Estate MumbaiSep 08, 2025
All the complaints registered till July have either had their first hearings or their dates of hearing have been scheduled, a statement said. This marks a significant achievement in the regulatory body's efforts to ensure transparency and accountability in the real estate sector.
Artha Bharat Investment Managers IFSC, a Category III Alternative Investment Fund (AIF) foreign portfolio investor, has set an ambitious target to expand its assets under management (AUM) to USD 3 billion by 2030. The entity is the first to shift the domicile of its special situations fund from Mauritius to GIFT City, a move that underscores India's growing importance as a financial hub.
The entity is the first Category III AIF foreign portfolio investor to shift the domicile of its special situations fund from Mauritius to GIFT City, according to a statement. This strategic relocation is expected to enhance the fund's operational efficiency and attract more investments.
The Small Industries Development Bank of India (SIDBI) has announced the opening of a new office in central Mumbai's Dadar. The office, which will cater to the growing financial requirements of small businesses, was inaugurated by SIDBI's chairman and managing director, Manoj Mittal. This expansion is part of SIDBI's broader mission to support the development and growth of small industries across the country.
The office, which will be catering to the growing financial requirements of small businesses, was inaugurated by Lucknow-headquartered body's chairman and managing director Manoj Mittal, it said in a statement. The new office will provide a range of financial services and support to small businesses in the region.
Pantomath Group-promoted The Wealth Company's Mutual Fund has launched its maiden offering with a flexi cap fund. The new mutual fund, an open-ended equity scheme, will invest across large, mid, and small-cap scrips. This launch marks a significant step for The Wealth Company, which aims to provide diversified investment options to retail and institutional investors.
The fund, an open-ended equity scheme, will invest across large, mid and small-cap scrips, the company said in a statement. The flexi cap fund is designed to offer investors the flexibility to benefit from opportunities in different market segments, thereby enhancing their potential returns.
These developments highlight the dynamic nature of the Indian financial and real estate sectors, with regulatory bodies, investment managers, and financial institutions working together to foster growth and transparency.
Frequently Asked Questions
What is MahaRERA?
MahaRERA stands for Maharashtra Real Estate Regulatory Authority. It is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016, to promote transparency, accountability, and consumer protection in the real estate sector in Maharashtra.
What is AUM?
AUM stands for Assets Under Management. It refers to the total market value of assets that an investment company or financial institution manages on behalf of its clients. AUM is a key metric used to assess the size and performance of investment firms.
What is SIDBI?
SIDBI stands for the Small Industries Development Bank of India. It is a statutory body established by the Government of India to provide financial assistance and support to small-scale industries and enterprises. SIDBI aims to promote the growth and development of small businesses across the country.
What is a flexi cap fund?
A flexi cap fund is a type of mutual fund that invests in a flexible mix of large-cap, mid-cap, and small-cap stocks. This allows the fund manager to take advantage of investment opportunities across different market segments, providing diversification and potential for higher returns.
What is GIFT City?
GIFT City stands for Gujarat International Finance Tec-City. It is a financial and technology hub located in Gujarat, India. GIFT City is designed to attract international financial institutions and tech companies, aiming to position India as a global financial center.
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