Investment expertise
Fund management experience across real estate, lending and private wealth.
IndValue AMC — Real Estate Alternative Investment
Where capital meets
India's next growth story.
An AIF Category II platform investing in residential and retail opportunities
across India's under-served Tier 2 and Tier 3 cities.
Tier 2 & Tier 3 • Emerging India
Fund I Gross IRR 16.22% — Audited
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Long Term Value
•
Buy Right
•
Build Right
•
Exit Right
•
Disciplined Capital
•
Emerging Cities
•
WHY INDVALUE
Capital discipline
Capital discipline
meets development
craft.
Our approach is built around disciplined capital deployment, local market understanding and hands-on execution — controls in place through acquisition, development and exit.
Real estate knowledge
Direct development capability — not just capital allocation.
Local market understanding
On-ground presence across the Tier 2 and Tier 3 cities we invest in.
Disciplined capital deployment
Milestone-linked drawdowns and committee-led approvals.
Hands-on development
Execution oversight from acquisition through exit.
Integrity
Transparency, accountability and compliance at the centre of every decision.
Innovation
Fund management combined with direct development, adapted to each market.
Impact
Quality communities and long-term value for investors, residents and cities.
INDVALUE AT A GLANCE
An investment
An investment
manager that builds.
IndValue combines investment management with direct real estate development expertise — deploying disciplined capital into India's emerging cities and building the planned communities that define their growth.
Every investment passes through a defined evaluation process before capital is committed, with controls in place through acquisition, development and exit
USD 300M+
Investments overseen by the founding team
₹4,000 Cr
Lending book managed across West & South India
100+ yrs
Combined leadership experience
16.22%
Fund I Gross IRR — audited financials
EMERGING INDIA — URBAN EXPANSION
WHY INDIA. WHY NOW.
The next wave of Indian
The next wave of Indian
real estate is emerging.
India's Tier 2 and Tier 3 cities are emerging as a significant real estate opportunity — supported by urbanisation, infrastructure investment, rising incomes and a limited supply of organised development.
₹65L Cr
Projected Indian real estate market size by 2030
40%
Share of new residential demand from Tier 2 & 3 cities
18%
Projected price appreciation CAGR for plotted developments in key cities
300+
Target cities with 5–50 lakh population and infrastructure investment
*Figures are based on projections and estimates. Actual results may differ materially.
OUR INVESTMENT PHILOSOPHY
Buy right. Build right.
Buy right. Build right.
Exit right.
We deploy capital where structural demand meets limited organised supply — focused on under-penetrated plotted development markets in Tier 2 and Tier 3 cities.
01
Buy right.
Land acquired through direct negotiations, supported by title due diligence, milestone-linked escrow payments and a focus on cities with confirmed infrastructure investment.
LAND & MARKET SELECTION
02
Build right.
Planned development, RERA-compliant processes, phased launches and fixed-price EPC contracts maintain control over project execution.
PLANNED DEVELOPMENT & EXECUTION
03
Exit right.
Project-level sales and early distributions, with pre-sales supporting revenue visibility through the development cycle.
VALUE CREATION & DISTRIBUTION
NOW OPEN — AIF CATEGORY II
FEATURED FUND
Series B
IndValue Alternate Investment Fund – Series B is a real estate fund focused on residential and retail opportunities across India's Tier 2 and Tier 3 markets — combining investment capital with an integrated development approach.
₹100 Crore
₹1 Crore
14% p.a.*
50:50
Self-Development / Joint Development*Target returns and other financial projections are based on assumptions and estimates. Actual results may differ materially. Returns are gross and subject to applicable management fees.
INVESTMENT STRATEGY
A 50:50 approach to
A 50:50 approach to
development.
Series B allocates capital equally between self-development and joint development — two routes into project development, one balanced portfolio.
INVESTMENT STRATEGY
50%
Direct acquisition of 10–25 acre land parcels, developed into plotted townships with amenity blocks — greater control over design, pricing and launch timing.
45–55% EBITDA MARGIN
TARGET XIRR 22–24%*
JOINT DEVELOPMENT
50%
The development partner contributes land while the fund contributes capital — co-governance, defined exit clauses and lower upfront land capital.
35–45% EBITDA, SHARED
TARGET XIRR 18–20%*
*Target XIRR, EBITDA margins and other financial projections are based on assumptions and estimates. Actual results may differ materially. Returns are gross and subject to applicable management fees.
INVESTMENT DISCIPLINE
A defined framework before
A defined framework before
capital moves.
Every project passes through a structured evaluation process — reviewed quarterly by the Investment Committee and audited independently by technical and legal consultants.
01
Investment expertise
Assessment of local demand, supply dynamics and growth projections.
02
Land & Legal
Title verification, compliance checks and assessment of required approvals.
03
Financial Modelling
Detailed cost analysis, revenue projections and sensitivity testing.
04
Investment Committee
Final review and approval before fund capital is deployed.
CONTROLS BUILT INTO EVERY PROJECT
Title Due Diligence
Transaction documentation by Category A legal advisors.
Escrow Structure
Ring-fenced project accounts in line with RERA guidelines.
JV Governance
SPV-based monitoring with technical and financial oversight.
Phased Capital
Milestone-linked drawdowns, never upfront lump sums.
REAL ESTATE + VALUE CREATION
From capital to communities.
01
Investment
Investment
Capital
Fund capital, deployed with discipline.
02
Land
10–25 acre parcels in confirmed growth corridors.
03
Development
Plotted townships with amenity blocks.
04
Planned
Planned
Communities
RERA-compliant, phased launches.
05
Long-Term
Long-Term
Value
Institutional exits and early distributions.
LEADERSHIP
Our founders.
Experience across real estate, investment management, lending, wealth management and business operations.
Anurag Solanki
Head of Investments, Investor Relations & New Opportunities
Vivek Mishra
Head of Structuring, Investments & Monitoring
Asad Ali
Head of Fundraising & Investor Relations
Manita Lamba
Head of Operations & Strategy
WORK WITH INDVALUE
Explore investment opportunities in India's
Explore investment opportunities in India's
emerging cities.
For enquiries about IndValue, its investment approach or Series B — speak with our team to request a fund briefing.