Hyderabad: The city’s real estate sector is set for a major shakeup as Meenakshi Group, a leading Hyderabad-based construction and infrastructure firm, launches its first-ever real estate fund under its new financial services arm, Meenakshi Alternates (M-Alts).
The fund, named Meenakshi Real Assets Fund, is a SEBI-approved Category II Alternative Investment Fund (AIF) aiming to raise ₹700 crore. The focus is to channel large-scale institutional capital into prime real estate projects, not just in Hyderabad but across other Tier-I Indian cities.
According to Mahesh Katragadda, CEO of Meenakshi Alternates, “Hyderabad is among India’s fastest-growing real estate hubs, but to maintain this momentum, structured and scalable capital inflows are essential. Our fund offers developers flexible financing options while giving investors access to high-quality, income-generating real estate assets.”
Hybrid Investment Strategy with Long-Term Focus
The fund will use a hybrid model combining debt and equity investments, targeting self-liquidating assets that generate stable cash flows along with capital appreciation. With a six-year investment horizon, Meenakshi Alternates plans to invest in 6–8 high-potential deals, allocating up to ₹70 crore per project.
The objective is to back Tier-I developers and support strategic micro-markets across urban India. This move could accelerate construction quality, enhance transparency, and bring momentum to underserved real estate segments.
Boosting Hyderabad’s Urban Growth
Hyderabad’s real estate landscape is already booming, fueled by IT sector expansion, rapid urbanisation, and rising demand for residential and commercial spaces. The Meenakshi Real Assets Fund is expected to inject much-needed institutional capital, enabling faster project execution and improved development standards.
The group brings a strong foundation to the table, with a legacy of over 13 million sq. ft. delivered across various real estate and infrastructure projects in the region.
With three deals currently under due diligence and early commitments already secured from Meenakshi Group and its investor network, the fund is poised for immediate capital deployment, signaling a new era in Hyderabad’s real estate growth story.