Motilal Oswal's realty fund invests Rs 100 crore in Mumbai and Bangalore projects

Apr 03 2014, 17:55 IST
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In Bangalore the investment has been done in two residential projects located in Yelahanka and Bommanahalli. (Reuters) In Bangalore the investment has been done in two residential projects located in Yelahanka and Bommanahalli. (Reuters)
SummaryIndia Realty Excellence Fund II LLP (IREF II), managed by Motilal Oswal Real Estate Investment Advisors Pvt. Ltd. has announced two investments worth Rs 100 crore, in Mumbai with Ahuja Developers and another in Bangalore with Mahaveer Group.

India Realty Excellence Fund II LLP (IREF II), managed by Motilal Oswal Real Estate Investment Advisors Pvt. Ltd. has announced two investments worth Rs 100 crore, in Mumbai with Ahuja Developers and another in Bangalore with Mahaveer Group.

The investments are in Ahuja's upcoming residential project Prasadam at Ambernath (E) in the extended suburbs of Mumbai Metropolitan Region. In Bangalore the investment has been done in two residential projects located in Yelahanka and Bommanahalli situated to the north and south of Bangalore respectively.

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