India: Motilal Oswal Real Estate plans to raise $109m for fifth fund

India: Motilal Oswal Real Estate plans to raise $109m for fifth fund

Photo: Pradeep Gaur/Mint

Motilal Oswal Real Estate (MORE), the real estate private equity arm of Motilal Oswal Financial Services, is looking to raise up to $109 million (Rs 800 crore) for its fifth real estate fund India Realty Excellence Fund V (IREF V).