Ashish Gumashta, the dynamic managing director of strategic initiatives at Motilal Oswal Financial Services, has bought a luxurious apartment in the coveted Bandra locality of Mumbai for around 36.19 crore rupees.

MO Alts is happy to announce the inaugural closure of its sixth real estate fund, India Realty Excellence Fund VI (IREF VI), a major milestone in its journey. The fund raised Rs 1,250 crore in its first phase, meeting its Rs 2,000 crore aim.

Two Shapoorji Pallonji Real Estate projects will receive 450 crore from Motilal Oswal Alternates (MO Alts), the company's alternative investments division.

Motilal Oswal Home Financing has secured a USD 50 million long-term loan commitment from the United States International Development Finance Corporation (DFC) through the external commercial borrowing (ECB) channel.