Motilal Oswal Alternates Closes Rs.2,000 Crore Real Estate Fund
Motilal Oswal Alternates (MO Alternates) has announced the closure of its sixth real estate fund, Indian Realty Excellence Fund VI (IREF-VI). The fund has raised commitments of Rs.2,000 crore, a sharp 65% jump over its previous fund.
Saurabh Rathi, Managing Director & Co-Head (Real Estate) at MO Alternates, said, “Credit demand for land acquisition in India is accelerating rapidly, driven by a renewed appetite for residential development, rising land values, and limited availability of structured capital. With continued tightening of regulatory norms for traditional lenders, alternative credit platforms are increasingly stepping in to bridge the funding gap with tailored solutions that meet the unique needs of developers.”
Vishal Tulsyan, Co-founder and Executive Chairman, MO Alternates, added, “We’re seeing strong tailwinds in demand for land and mid-income housing. Alternative platforms are now central to developer funding.”
With this, MO Alternates’ AUM in real estate now exceeds Rs.10,000 crore across six real estate funds and co-investments. This significant milestone underscores the growing importance of alternative credit platforms in the Indian real estate market, particularly in the mid-income housing segment.
The Indian real estate sector has been witnessing a resurgence, driven by favorable government policies, increased urbanization, and a growing middle class. The rise in land values and the limited availability of structured capital have further fueled the demand for alternative funding solutions. MO Alternates has positioned itself as a key player in this evolving landscape, providing developers with the necessary capital to drive growth and innovation in the sector.
The success of IREF-VI is a testament to the company's strategic vision and its ability to identify and capitalize on market opportunities. As the real estate market continues to evolve, MO Alternates remains committed to delivering value to its investors and contributing to the development of the Indian real estate sector.
