Short Answer: The fund would be buying ₹3000 to ₹4000 Cr of properties in total and the existing stock is ₹8 lakh crore and the new stock in the next 4-5 years is ₹80,000 Cr. 

We have developed a proprietary 48-point scorecard to objectively grade an office building. Any property above the score of 6.0 is considered as a candidate for being Grade A property. This scorecard is updated annually.  

Most commonly Grade A buildings are defined as These buildings are investment grade and represent the highest quality buildings in their market. They are generally the best-looking buildings with the best construction and possess high-quality building infrastructure.  

The Fund is a SEBI Registered Category II Alternative Investment Fund (AIF) that will be investing in Grade A offices in Top 6 Cities. The Fund is structured as a tax efficient pass-through structure.  

• Grade A Office building (entire building with land)  
• Top 6 cities only 
• 5-10 properties  
• Ideally property value of ₹ 200 cr – ₹ 800 cr  
• Entire buildings and not strata or suites  
• In-depth due diligence over a 2-3 months. 

The fund will employ a robust and comprehensive risk management framework. The fund will employ 3-level risk management framework – market risk, portfolio risk and property risk. In the simplest terms, the Fund will be investing in 5-10 properties and will actively manage risk.