Industrial Investment Trust Limited to launch real estate focused Rs 500 crore AIF

Industrial Investment Trust Limited (IITL) is launching a Rs 500 crore Alternative Investment Fund (AIF) to capitalize on India's booming real estate sector. The fund will focus on residential and commercial projects in Tier 1 and Tier 2 cities, partnering with top developers. IITL is also establishing a Housing Finance Company to facilitate homeownership.
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