Red Fort Capital Advisors has planned to bring in an additional $500 million in the next two years. It is a well known international private equity firm. The firm is considering upon its portfolio into growth sectors like logistics, especially the warehousing in the near term. It has $425 million real estate investment focused fund for India and plans to bring in an additional $500 million in the next two years.

Mr. Kuldip Chawlla, one of the Directors said,“We are looking at housing projects, especially affordable one’s in the top 15 cities as well as re-development projects, especially in cities like Mumbai through this fund”. Further he said that Red Fort Capital, which has already committed $250 million last year, in projects in Chennai, Bangalore and Hyderabad, sees affordable housing (apartments of 1,000 sq.ft. between Rs 10 and 25 lakhs), as a high growth segment.