Home / Business and Economy / JM Financial Launches ₹1,000 Cr Real Estate Fund
JM Financial Launches ₹1,000 Cr Real Estate Fund
21 Dec
Summary
- JM Financial launches a new ₹1,000 crore early-stage real estate fund.
- The fund aims to bridge a significant financing gap in the real estate sector.
- Investor interest is strong from institutional and HNI/family office segments.
JM Financial Asset Management Company has launched an early-stage real estate fund with a target of ₹1,000 crore to address a significant financing gap within the sector. This new fund is part of a broader strategy to build a comprehensive Alternative Investment Fund (AIF) ecosystem supporting India's enterprise growth, focusing on thematic, real asset-backed, and non-traditional opportunities.
The early-stage real estate fund leverages JM Financial's extensive experience in real estate credit. It is designed to bridge the capital gap left by traditional lenders, who face regulatory limitations. The proceeds will be utilized to offer debt capital to established developers in major metropolitan areas, covering land acquisition and approval expenses. The fund has already garnered substantial interest from both institutional investors and high-net-worth individuals or family offices.
Beyond real estate, JM Financial is also advancing its AIF platform by filing for a maiden pre-IPO fund and a follow-on performing credit fund with SEBI. These moves underscore the group's commitment to alternatives, with significant investments in specialist teams, risk management, and due diligence to enhance investor experience and support India's growth over the next decade.
