Meenakshi Group Raises up to Rs 700 Crore for Real Estate Investment Fund

Hyderabad-based Meenakshi Group has announced plans to raise up to Rs 700 crore for a real estate-focused alternate investment fund (AIF). The fund aims to invest in up to eight deals over six years, with the group committing 20% of the corpus size as sponsor capital.

Real EstateInvestment FundMeenakshi GroupAifInvestor ProtectionReal Estate PuneJun 02, 2025

Meenakshi Group Raises up to Rs 700 Crore for Real Estate Investment Fund
Real Estate Pune:Mumbai, June 2 (PTI) Hyderabad-based Meenakshi Group has announced its plans to raise up to Rs 700 crore for a real estate-focused alternate investment fund (AIF). The real estate group has committed 20% of the corpus size as sponsor capital for the fund, which aims to invest in up to eight deals over a period of six years, as per a statement.

The Meenakshi Group, known for its robust presence in the real estate sector, is poised to make significant strides with this new AIF. The fund will focus on investing in a variety of real estate projects, ranging from residential to commercial developments. This move is expected to bolster the group's portfolio and enhance its market position.

The initiative is part of the group's broader strategy to capitalize on the growing demand for quality real estate in India. The fund will leverage the experience and expertise of the Meenakshi Group to identify and invest in high-potential projects that offer attractive returns to investors.

In a related development, the Securities and Exchange Board of India (Sebi) and the Investor Education and Protection Fund Authority (IEPFA) conducted the maiden 'Niveshak Shivir' in Pune. The investor outreach camp, held on Sunday, aimed to assist shareholders in reclaiming unpaid dividends and unclaimed shares. The event was a significant step towards enhancing investor protection and awareness.

Another notable event in the corporate world saw Varsha Ankush Patil from Kolhapur district being felicitated by the Union Women and Child Development Minister at the CII Annual Business Summit. Patil received the CII Woman Exemplar Award 2025 in the education category. The award recognizes her efforts in building community resilience against systemic challenges and vulnerabilities.

Meanwhile, Saraf Furnitures, an omnichannel brand, announced its plans to hire 500 people from the LGBTQI community. The company aims to open 50 new offline retail stores over the next three years. This initiative aligns with the pride month and underlines the company's commitment to diversity and inclusion.

The Meenakshi Group's AIF is a strategic move that aligns with the current market trends and investor preferences. The group's commitment to sponsor capital and its focus on high-potential projects make the fund an attractive investment opportunity for those looking to capitalize on the growing real estate sector in India.

Frequently Asked Questions

What is the Meenakshi Group's new investment fund about?

The Meenakshi Group is raising up to Rs 700 crore for a real estate-focused alternate investment fund (AIF) that aims to invest in up to eight deals over six years.

How much capital is the Meenakshi Group committing to the fund?

The Meenakshi Group is committing 20% of the corpus size as sponsor capital for the AIF.

What is the 'Niveshak Shivir' conducted by Sebi and IEPFA in Pune?

The 'Niveshak Shivir' is an investor outreach camp aimed at assisting shareholders in reclaiming unpaid dividends and unclaimed shares.

Who received the CII Woman Exemplar Award 2025 and why?

Varsha Ankush Patil from Kolhapur district received the CII Woman Exemplar Award 2025 in the education category for her efforts in building community resilience.

What is Saraf Furnitures' hiring initiative for the LGBTQI community?

Saraf Furnitures plans to hire 500 people from the LGBTQI community as part of its commitment to diversity and inclusion.

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