Mumbai, July 25 -- Motilal Oswal Alternates ("MO Alternates"), the alternative investments arm of Motilal Oswal Group, has announced the final close of its sixth real estate fund -Indian Realty Excellence Fund VI (IREF-VI), raising commitments aggregating to INR 2,000 crore.This latest fundraise marks a remarkable65% growthcompared to its predecessor and ranks among thelargest and fastest domestic capital raisesin India's real estate credit space.

A significant portion of the capital for this fund has been raised from family offices and Indian HNIs, reflecting strong domestic conviction in real estate credit as a resilient and rewarding asset class. The Fund has also received commitments from offshore investors through the GIFT City rou...