Sundaram Alternates Assets plans to raise $135 million for green real estate projects in India

Sundaram Alternates Assets (SAA), the private equity division of the Sundaram Finance Group, said that it aims to secure approximately $135 million (₹1,000 crore) from international investors. The funds will be allocated to support green real estate projects across India.

“This move reflects our commitment to build on our track record, depth of underwriting and risk management skills in the ever-evolving landscape of the Indian real estate credit market,” Sundaram Alternates Assets Managing Director Vikaas M Sachdeva told PTI on the sidelines of the Dubai Alternative Investment Summit.