Khaitan & Co acted as legal counsel and advised Mt K Kapital in the setup of their first real estate focused fund in India, including assisting in negotiations with key investors for their investment in the Fund.
The fund is one of the largest residential development focused funds in India setup by a homegrown fund manager. The fund typically seeks to invest in investee entities engaged in development and sale of real estate projects with a primary focus on residential units in metropolitan cities including the Mumbai Metropolitan Region. The development partner of the fund is the esteemed Rustomjee Group.
The fund has raised INR 790 Crores.
The core team consisted of Siddharth Shah (Partner), Divaspati Singh (Partner), Chirayu Heddthale (Principal Associate), Pranav Dave (Senior Associate) and Nikhat Hetavkar (Associate).
Media Links / Press Releases
https://mtkkapital.com/our-partners/
https://www.vccircle.com/rustomjeegroup-backed-gp-taps-additional-capital-for-maiden-vehicle