Indian PE Motilal Oswal Alternates invests $56m in Shapoorji Pallonji Real Estate

Indian PE Motilal Oswal Alternates invests $56m in Shapoorji Pallonji Real Estate

Mumbai, India. Photo by Sonika Agarwal on Unsplash

India-focused fund manager Motilal Oswal Alternates has invested Rs 450 crore (about $56 million) in two projects of Shapoorji Pallonji Real Estate, per an announcement.