Latest news with #MaheshKatragadda
Time of India
4 days ago
- Business
- Time of India
Meenakshi Alternates launches realty-focused ₹700 crore AIF
NEW DELHI: Hyderabad-based Meenakshi Group has launched its new financial services arm - Meenakshi Alternates (M-Alts) and its fund Meenakshi Real Assets Fund for investments in real estate across top-tier cities in India. This SEBI-approved Category II AIF will target a mix of debt and equity investments with a total corpus of ₹700 crore (including a ₹350 crore greenshoe option). Meenakshi Group has committed up to 20% of the fund size as sponsor capital. The fund will focus on self-liquidating real estate assets that offer both consistent cash flows and equity upside. The fund aims to allocate capital to tier I developers with individual investments of up to ₹70 crore per transaction. "Currently, we have three potential deals under due diligence, and we have secured soft commitments from the Meenakshi Group, its network, and early investors," said Mahesh Katragadda , CEO of Meenakshi Alternates.
Hindustan Times
4 days ago
- Business
- Hindustan Times
Meenakshi Group to raise up to ₹700 crore for a real estate-focused alternate investment fund
Hyderabad-based real estate firm Meenakshi Group has announced that it will raise up to ₹700 crore for a realty-focused alternative investment fund (AIF), the Meenakshi Real Assets Fund. The company has committed 20% of the corpus size as sponsor capital for the fund, the company said. The fund, with a total corpus of ₹700 crore (including a ₹350 crore greenshoe option), will follow a hybrid investment strategy by deploying capital across both debt and equity instruments, the company said. With a six-year investment horizon, the Meenakshi Real Assets Fund will target 6 to 8 high-conviction deals, focusing on self-liquidating real estate assets that offer a combination of steady cash flows and capital appreciation. The fund is geared toward working with Tier I developers operating in high-growth micro-markets across key urban centres, with deal sizes of up to ₹70 crore per transaction, the company said. Also Read: ASK Property Fund, ISIR-backed real estate AIF raises ₹500 crore for Investment in luxury housing projects 'Securing the AIF license allows us to bring institutional-grade, well-structured investment products to the market. We're already seeing strong early interest, and we have three deals currently under due diligence. We've also received soft commitments from the Meenakshi Group, its wider network, and early investors," Mahesh Katragadda, CEO of Meenakshi Alternates, said. 'Our goal is to build long-term trust and deliver consistent returns by leveraging our strong track record in real estate. We are focused on creating value through disciplined capital deployment and high-quality investment opportunities," he said.
Time of India
4 days ago
- Business
- Time of India
Meenakshi Alternates launches Rs 700 cr realty AIF
Hyderabad: Realty and clean energy player Meenakshi Group, which recently set up its new financial services arm, Meenakshi Alternates, has launched its debut alternate investments fund (AIF), Meenakshi Real Assets Fund (MRAF), for investments in real estate across top markets in India. Tired of too many ads? go ad free now Opting for a hybrid investment strategy, the Sebi-approved Category II AIF is targeting a mix of debt and equity investments with a total corpus of ₹700 crore (including a ₹350 crore greenshoe option). The Hyderabad-based Meenakshi Group committed up to 20% of the fund size as sponsor capital. The fund, which has a six-year horizon, is targeting six to eight high-end deals with an eye on self-liquidating real estate assets offering consistent cash flows and equity upside. The fund plans to allocate capital to Tier-1 developers, market leaders, and key players in high-potential micro-markets within real estate asset classes, with individual investments of up to ₹70 crore per transaction. "Securing the AIF license marks a significant milestone for us. Currently, we have three potential deals under due diligence, and we secured soft commitments from the Meenakshi Group, its network, and early investors," said Mahesh Katragadda, CEO, Meenakshi Alternates. The Hyderabad-based group developed 13 million sq ft of real estate so far and has another 9.5 million sq ft in the pipeline. It also has 371 MW power projects and developed over 650 km of highways.
Time of India
4 days ago
- Business
- Time of India
Meenakshi Alternates Launches Realty Focused ₹700 crore AIF
Meenakshi Group, a Hyderabad-based Realty and Clean Energy Conglomerate has launched its new financial services arm 'Meenakshi Alternates (M-Alts)' and its debut fund, Meenakshi Real Assets Fund for investments in real estate across top-tier cities in India. This SEBI-approved Category II AIF adopts a hybrid investment strategy by targeting a mix of debt and equity investments with a total corpus of ₹700 crore (including a ₹350 crore greenshoe option). Meenakshi Group has committed up to 20% of the fund size as sponsor capital . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like After Losing Weight Kevin James Looks Like A Model 33 Bridges Undo The Meenakshi Real Assets fund, through a six-year horizon, targets 6 to 8 high-conviction deals, with a focus on self-liquidating real estate assets that offer both consistent cash flows and equity upside. The fund aims to allocate capital to Tier I developers, market leaders, and key players in high-potential micro-markets within real estate asset classes, with individual investments of up to ₹70 crore per transaction. " Securing the AIF license marks a significant milestone for us," said Mahesh Katragadda, CEO of Meenakshi Alternates. "We are seeing strong early interest, and our team is evaluating prospective opportunities. Currently, we have three potential deals under due diligence , and we have secured soft commitments from the Meenakshi Group, its network, and early investors." Live Events "We are leveraging our established track record in real estate to offer institutional-grade, well-structured financial products. Building long-term trust, delivering consistent returns, and optimizing how capital is deployed to drive high-quality investment opportunities is our goal," Mahesh added . Meenakshi Group has 13 million sq. ft. delivered, 9.5 million sq. ft. in the pipeline, 371 MW of power projects, and over 650 lane kilometers of highways.
Entrepreneur
5 days ago
- Business
- Entrepreneur
Meenakshi Alternates Launches INR 700 Cr Realty Fund with Eye on Urban Growth
Over six years, the Meenakshi Real Assets Fund aims to invest in 6–8 self-liquidating real estate deals, offering cash flows and equity upside, with up to INR 70 crore per deal targeting top-tier developers and micro-markets. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. In a major leap into the financial services sector, Hyderabad-based Meenakshi Group has launched "Meenakshi Alternates" (M-Alts), its new investment platform, and announced its debut fund—the INR 700 crore Meenakshi Real Assets Fund. Focused on real estate, this SEBI-approved Category II AIF aims to tap into the high-growth potential of India's tier I cities. "Securing the AIF license marks a significant milestone for us," said Mahesh Katragadda, CEO of Meenakshi Alternates. "We are seeing strong early interest, and our team is evaluating prospective opportunities. Currently, we have three potential deals under due diligence." The fund adopts a hybrid strategy, blending both debt and equity investments, with a target corpus of INR 700 crore, including an INR 350 crore greenshoe option. Meenakshi Group has itself committed up to 20% of the fund size, underscoring its confidence in the venture. With a six-year horizon, the Meenakshi Real Assets Fund will focus on 6 to 8 high-conviction deals in self-liquidating real estate assets that offer steady cash flows and equity upside. Individual transactions could go up to INR 70 crore, targeting tier I developers and leaders in high-potential micro-markets. "We are leveraging our established track record in real estate to offer institutional-grade, well-structured financial products. Building long-term trust and delivering consistent returns is our goal," Mahesh added. Known for its expansive portfolio—13 million sq. ft. delivered, 371 MW in power, and 650+ lane kilometers of highways—Meenakshi Group is now channeling its expertise into financial services, positioning M-Alts as a trusted partner for real estate investments across India's urban landscape.
