Mt. K Kapital, a leading real estate investment management platform, has announced the launch of its second India-focused credit fund with a target corpus of USD 450 million, marking one of the most significant capital formation milestones in the domestic real estate investment ecosystem this year.
The fund is backed by strong participation from both General Partners (GPs) and Limited Partners (LPs), signaling deep investor confidence in Mt. K Kapital’s leadership and the strong performance of its maiden fund. The firm’s strategy aligns with the robust fundamentals of the Indian economy, which continue to fuel sustained demand and growth across key real estate asset classes.
Fund to Back Developers in Mumbai, NCR, Pune, and Bengaluru
With the new fund, Mt. K Kapital plans to expand its partnerships with developers across major real estate corridors including Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Pune, and Bengaluru.
The fund aims to:
- Invest at the acquisition stage
- Support developers throughout the project lifecycle
- Strengthen project viability and bottom-line performance
- Enable meaningful product differentiation across micro-markets
The company has set a deployment target of early 2026, backed by a strong and active pipeline of projects currently under evaluation.
Commitment to Partnership-Driven Growth
Commenting on the launch, Binitha Dalal, Founder & Managing Partner, Mt. K Kapital, said:
“The Mt. K platform was built with absolute alignment of interests across the development value chain, and the performance of our first fund is a testament to that thesis. With our second fund, we look forward to expanding this proposition across the country as we enter the markets of Pune, Bangalore, and NCR.”
She added that the continued support of investors has shaped the platform’s expansion strategy:
“Our commitment remains centred on creating win-win structures that help deliver successful real estate projects that customers ultimately benefit from. Our deep analysis, investment rigor, and strong on-ground capability will drive even greater value through this second fund.”
Rustomjee CMD Boman Irani: ‘A Win-Win Model for the Sector’
Boman Irani, CMD of Rustomjee Group, which backs Mt. K Kapital, emphasized the platform’s performance and its potential impact:
“The Mt. K platform has made considerable progress since inception and reaffirmed my thesis of making real estate investments a win-win for all stakeholders. With the second fund, we are confident the industry will benefit even more meaningfully from Mt. K’s approach and development mindset.”
He noted that the first fund — a ₹790 crore MMR-focused credit fund — has been a landmark strategy in underwriting, project monitoring, and investor support.
Strong Track Record of Fund I Underpins the New Corpus
Launched in 2022, Mt. K Kapital’s first fund has grown consistently with backing from marquee institutions such as:
- State Bank of India (SBI)
- ICICI Bank
- SBI Life
- Famy Care
- And several prominent family offices
The fund primarily invested in Rustomjee Group projects across MMR, demonstrating success through:
- A rigorous investment framework
- Detailed project monitoring
- Long-term developer partnerships
Poised for Institutional Scale
With the new USD 450 million credit fund, Mt. K Kapital is positioned to strengthen its presence across India’s rapidly expanding real estate markets and emerge as an influential institutional capital provider in the sector. The firm plans to continue a disciplined approach while expanding into high-growth micro-markets.
Also Read: Mt. K Kapital Raises Over INR 500 Crore for Maiden Fund, Targets Additional Projects
