Mt. K Kapital on Thursday launched its second real estate fund with a corpus of $450 million, and moreover, the company plans to invest in projects across major Indian cities.
Boman Irani, CMD, Rustomjee Group, said, “The first fund, which is a ₹790 crore MMR-focused fund, has been a landmark strategy in terms of underwriting, project monitoring, and investor support.”
In a statement, Mt. K Kapital said it has initiated the second fund with a target size of $450 million, and the firm emphasized that the fund has backing from both General Partners (GPs) and Limited Partners (LPs).
With this new fund, Mt. K Kapital will partner with developers in key markets such as Mumbai, Delhi-NCR, Pune, and Bengaluru, and furthermore, the company is already evaluating multiple projects, with the first deployment expected in early 2026.
Binitha Dalal, Founder & Managing Partner of Mt. K Kapital, said the platform is built to prioritize the interests of all stakeholders in the development value chain. She added, “With our second fund, we look forward to expanding this proposition across the country as we enter the markets of Pune, Bangalore, and NCR. The continued support of our investors has been a significant encouragement, and the confidence they placed in us during the first fund has helped shape our expansion strategy.”
Realty firm Rustomjee Group backs Mt. K Kapital, and moreover, this association continues to strengthen its investment approach. The first fund, which the company launched in 2022 with a corpus of ₹790 crore, focused on projects within the Rustomjee Group across the Mumbai Metropolitan Region (MMR), and additionally, it helped build the platform’s early investment track record.
Mt. K Kapital operates as a real estate–focused fund management company, and furthermore, it holds a SEBI-approved Category II Alternative Investment Fund license to invest in real estate projects.
