India, Nov. 27 -- Mt. K Kapital, a real estate investment management firm backed by Mumbai-based real estate developer Rustomjee Group, on November 27 said that it has raised a second fund of Rs.4,000 crore. The fund is backed by strong General Partners (GPs) and Limited Partners (LPs), reflecting confidence in Mt. K Kapital's team as well as performance in its first fund, the company said.

After investing its first fund in the Mumbai Metropolitan Region (MMR), the company plans to expand with its second fund, targeting markets across the country, including Pune, Bengaluru, and the Delhi NCR region.

According to the company, its strategy to grow the credit space in India's real estate market is backed by the strong growth fundamentals o...