INSUBCONTINENT EXCLUSIVE:
commitments.
The investors of this fund include domestic institutions, high networth investors (HNIs) and the sponsor (Axis AMC).
The fund
is targeting investments, through structured debt route, in the top 8 cities of India and aims to work with developers with an established
track record of delivery and who show potential and capability for future growth, Axis AMC said in a release.
"The real estate market has
seen trying times over the last few months.Real estate business in India has changed, and we are looking to work with developers who can
continue to rise, backed by strong support from the government through initiatives like RERA, PMAY, Housing for all by 2022 etc.
