Mt K Kapital raises over Rs 500 cr to invest in realty projects in Mumbai

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Mt K Kapital raises over Rs 500 cr to invest in realty projects in Mumbai - Business Standard

Quick Summary:

Alternative investment fund Mt K Kapital on Wednesday said it has raised over Rs 500 crore to deploy in real estate projects in the Mumbai Metropolitan Region (MMR).

K Resi Development Fund Category II SEBI registered Alternative Investment Fund) from investors like SBI, ICICI Bank, Famy Care and other HNIs.

Over Rs 300 crore has already been committed towards five projects in the Mumbai region by Keystone Realtors (Rustomjee Group).