Real Estate Fund
JM Financial Property Fund (‘Fund’) is a real estate focused, private equity fund that has invested in residential, hospitality and mixed use development assets at individual project or holding level development companies. Through its domestic and off-shore schemes, the Fund has raised capital contributions of approximately Rs. 400 crore during 2007-08.
The Fund is managed by Infinite India Investment Management Ltd. (‘Infinite’), a 100% owned subsidiary of JM Financial Limited. The Fund has made investments in Mumbai, Bangalore, Pune, Kolkata and a few leading Tier II cities. The objective of the underlying portfolio companies is to acquire land parcels, develop them into high quality end products and lease/sell them to potential users/acquirers...