CORRE Fund
Overview
Proposed fund of size US$ 225 MN (₹1500 crores ) to invest in select Indian commercial office and opportunistic residential real estate assets, to create value over the period of investment, thus providing risk-adjusted returns to investors, based on robust long and short-term strategies, backed with disciplined, transparent and prudent processes that tackle market swings and broaden returns expectation, to the satisfaction of all stakeholders.
Geographic Focus
The fund will focus more on Tier I cities in India. It will seek to raise capital from investors and would invest in cities/metropolitan areas of India namely, Delhi – National Capital Region (NCR), Mumbai Metropolitan Region (MMR), Bengaluru, Hyderabad and Pune.
It will look to invest in 6 to 8 commercial projects and a focused slew of opportunistic residential projects.