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Kotak India Affordable Housing Fund - I

Real assets (RE/Infra) · Real estate & PropTech · Mumbai

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At a glance

Stage focus
Real assets (RE/Infra)
City
Mumbai
HQ / office
Bandra Kurla Complex (BKC), Bandra East, Mumbai, Maharashtra
Fund registered
2018
LinkedIn
Profile ↗

About

Cat II real-estate AIF managed by Kotak Alternate Asset Managers Ltd (Kotak Realty Fund platform), part of the Kotak Mahindra group. Affordable-housing-focused vehicle anchored by a development-finance commitment from British International Investment (formerly CDC Group, the UK government's DFI).

Investment focus

Real-estate fund providing growth/development financing to affordable and mid-income residential housing projects across key Indian cities.

SEBI registration

SEBI AIF Category II — reported as “Cat II

  • IN/AIF2/18-19/0568

SIDBI Fund of Funds

Yes — British International Investment (BII), the UK government's development finance institution (DFI), is listed as an LP/investor in Kotak India Affordable Housing Fund I (BII fund page); this is a foreign DFI LP, NOT SIDBI/Indian-govt FoF (no SIDBI FFS link found). Source: bii.co.uk fund page.

Team & organisation

Kotak Realty Fund team led by CEO Vikas Chimakurthy; senior team includes Executive Directors focused on residential/affordable housing (e.g. Chetan), plus several VPs/professionals — approx 10+ investment professionals on realty side (not precisely disclosed)

Public limited company (Kotak Alternate Asset Managers Ltd) managing a SEBI Cat II AIF affordable-housing fund within the multi-fund Kotak Realty Fund platform; DFI (BII) as LP. SEBI Cat II Regn IN/AIF2/22-23/1088.

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Frequently asked

What does Kotak India Affordable Housing Fund - I invest in?
Real-estate fund providing growth/development financing to affordable and mid-income residential housing projects across key Indian cities.
How do I pitch Kotak India Affordable Housing Fund - I through iHub India?
Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

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About this record

  • real-estate fund (affordable housing) — NOT startup VC

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://www.bii.co.uk/en/our-impact/fund/kotak-india-affordable-housing-fund-i-investment-01/; https://www.kotakalternateasset.com/realty-fund/