 "Axis AMC raises Rs 400 crore maiden real estate fund")
Axis Asset Management Company (AMC) has closed its real estate fund — the Axis RERA Opportunities Fund I — with commitment of over Rs 400 crore. The investors include domestic institutions, high net worth investors and the sponsor (Axis AMC). The fund is targeting investments (through structured debt route) in the top-eight cities of the country. “This is an opportune time for value investors to identify and back those real estate players with strong systems and strategies, who can deliver results in these new conditions (liquidity crunch, introduction of GST and RERA),” said Balaji Rao, managing partner (real estate), Axis AMC.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%