National Real Estate Development Council (NAREDCO) Maharashtra - an apex body of real estate developers will roll out Rs 50 crore RealTech Fund (RTF). The fund promises to propel and accelerate the growth of the real estate industry in India through innovation and technology and will also support start-ups in the real estate sector.
The developers have initially committed a corpus of Rs 50 crore which will be further scaled as per the response to the fund, NAREDCO said in a statement. This real estate forum will discuss various issues such as government policies, private equity funding, real estate financing, navigating commercial and retail growth, future of redevelopment among others.