Shivalik Investment Fund (SIF), a Category II Alternative Investment Fund (AIF) based in Gujarat, has successfully closed the first phase of its inaugural fund, securing 50% of its targeted INR 150 crore corpus. This achievement was driven by significant interest from high-net-worth individuals (HNIs) and family offices, eager to invest in Ahmedabad's promising real estate sector.
SIF's inaugural fund is dedicated to real estate development projects in Ahmedabad, particularly in high-growth areas. Their focus encompasses residential, commercial, and plotting projects, capitalizing on the city's evolving infrastructure and increasing demand for premium properties.
The success of SIF's first close highlights the strong appeal of Ahmedabad's real estate market to family offices seeking attractive investment opportunities. These sophisticated investors recognize the potential for growth and value appreciation in the city.
Shivalik Group, the parent company of SIF, brings a wealth of experience and a proven track record in Ahmedabad's real estate development sector. They have delivered over 75 landmark projects, contributing to over 15 million square feet of real estate development and creating 12 micro markets across the city.
SIF's investment strategy is designed to capitalize on the positive trends in Ahmedabad's real estate market, offering investors a compelling opportunity to participate in the city's growth story. The fund's team is currently in advanced discussions for several identified deals, demonstrating its commitment to leveraging its financial expertise and development experience to maximize returns for investors.
Ahmedabad's real estate market is undergoing a transformative phase, driven by various factors, including infrastructure development, rising incomes, and increased demand for premium residential and commercial properties. SIF is well-positioned to capitalize on these trends through its professionally managed fund, offering investors an opportunity to be part of Shivalik's success story.
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