Industrial Investment Trust Limited (IITL) announced the launch of a Category I Alternative Investment Fund (AIF) focused on India’s real estate sector, targeting a corpus of ₹500 crore. The fund aims to capitalize on surging housing demand and thriving commercial real estate in Tier 1 and Tier 2 cities, partnering with leading developers for quality projects. Additionally, IITL will establish a Housing Finance Company to streamline financing options for home buyers. Chairman Mr. Bipin Agarwal emphasized the potential for growth in India’s real estate market, aiming to enhance urban development and make homeownership more accessible.