Motilal Oswal Alternates (MO Alts), the alternative investments arm of Motilal Oswal Financial Services is set to raise up to Rs 2,000 crore through its sixth real estate fund India Realty Excellence Fund VI (IREF VI) to invest across the top 8 cities of India. The new fund will focus on early-stage investments in mid-income and affordable residential projects in Mumbai, Delhi-NCR, Pune, Bangalore, Chennai, Hyderabad, Kolkata and Ahmedabad. Additionally, selective investments in commercial projects will also be pursued.
