8 months ago
Sundaram Alternates Targets ₹2,000 Crore Realty Fund
Sundaram Alternates, a part of the Sundaram Finance group, is trying to raise ₹2,000 crore for a real estate fund by March 2026.
They have already raised ₹1,000 crore and aim to raise more.
This fund is special because it follows ESG (Environmental, Social, and Governance) rules and has attracted money from big insurance companies, rich families, and other investors.
The fund will be used to lend money for building homes.
Sundaram Alternates has raised a lot of money for similar funds since 2017 and has never lost any money, even during tough times like the COVID-19 pandemic.
They are careful with their investments to protect the money they manage.
Sundaram Alternates aims to raise up to ₹2,000 crore for its real estate fund by March 2026.
The fund, SA Real Estate Credit Fund V, has already raised ₹1,000 crore in the last three months.
The fund is ESG-aligned and has attracted commitments from various high-profile investors.
The fund will be deployed in performing credit opportunities in the residential sector.
Sundaram Alternates has raised over ₹3,800 crore across five real estate credit funds since 2017, with an internal rate of return of 18-19% and a zero capital loss record.
- Who
- Sundaram Alternates, the alternative investment arm of Sundaram Finance group
- What
- Planning to raise up to ₹2,000 crore real estate fund
- Where
- India
- When
- By March 2026
- Why
- To invest in performing credit opportunities in the residential sector
Key facts
- Fund Target
- ₹2,000 crore
- Fund Name
- SA Real Estate Credit Fund V
- Current Raised
- ₹1,000 crore
- Target Completion
- March 2026
- Investor Types
- Insurance companies, family offices, corporate treasuries, ultra-high-net-worth investors
- Fund Focus
- Performing credit opportunities in residential sector
- ESG-Aligned
- Yes
- Total Raised Since 2017
- ₹3,800 crore
- Internal Rate of Returns
- 18-19%
- Capital Loss Record
- Zero
Quotes
Karthik Athreya
Managing Director, Sundaram Alternates
“Crossing ₹1,000 crores within three months reflects the confidence that investors place in our underwriting discipline and risk framework. This momentum reflects nearly a decade of sustained effort in building a robust risk management platform for our credit business. As the fundraise progresses toward its final close, our focus remains on disciplined capital deployment, capital protection, and building long-term investor relationships.”
thehindubusinessline.com

