The Meenakshi Group uses 700 crores to start a fund that will strengthen the Hyderabad real estate sector with institutional backing and smart planning.

The Meenakshi Group in Hyderabad is expanding in the real estate sector by introducing Meenakshi Alternates (M-Alts), its financial branch. The firm seeks to collect ₹700 crore through its Meenakshi Real Assets Fund which has been registered as a Category II Alternative Investment Fund (AIF) by the SEBI.

The fund will invest its money in key real estate opportunities in Hyderabad and other leading cities of India. It combines bonds and stocks to select self-liquidating assets that provide ongoing cash flows and appreciation over the long term. The fund will invest in 6 to 8 companies with each company getting up to ₹70 crore within the six-year horizon.

Due to increased urbanization, growth in IT industries and more demand for living and working spaces, this project is assumed to support the city’s real estate market. The group that owns Meenakshi Alternates is focused on supporting top developers and market leaders to transform the city’s skyline.

Mahesh Katragadda, Meenakshi Alternates’ CEO, mentioned that getting significant capital investments in the form of structured loans is essential to keep Hyderabad’s real estate progress going. The program will make available flexible money for developers and stable investment choices for investors.

Since delivering over 13 million sq. ft. of real estate, the Meenakshi Group is ready to boost urban development. Others regard this fund as a way to enhance financing, project rules and transparency which will help mark an important phase in Hyderabad’s real estate market.