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AZB acts $8.6m real estate fund formation of Axis RERA Opportunities Fund (Apr ‘19)

Axis Asset Management Company’s Rs 400-crore real estate fund, Axia RERA Opportunities Fund –I, has inked a deal to invest Rs 60 crore in Chennai-based property developer Akshaya Group’s township project along Chennai’s IT corridor.

The Economic Times

AZB & Partners advised Axis RERA Opportunities Fund- I, a scheme of Axis Alternative Investment Fund - Category II led by a team of partners Ashwath Rau, Prerak Ved and Monika Bhonsale, senior associate Sohni Kherada.


Deal value: INR 600 Million / USD 8.6 Million

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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