WSB Real Estate raises Rs 700 cr for mid-income, affordable housing investments

WSB Real Estate Partners has raised over Rs 700 crore via its real estate debt fund to invest in mid-income and affordable housing projects in tier I and select tier II Indian cities. This marks the first close of its fourth SEBI registered Category II Alternative Investment Fund (AIF), which aims for a Rs 1,000 crore corpus, expandable by another Rs 1,000 crore through a green shoe option.