Ridhama Real Estate Fund

Ridhama Real Estate Fund is a SEBI-registered Category II AIF focused on structured real estate investments, emphasizing capital protection, predictable cash flows, and development-linked upside potential.

SEBI Registration No : IN/AIF2/25-26/1989

Our Philosophy

Capital-Protected Commercial and Residential Real Estate with Predictable Cash Flows.

1

Capital protection

Capital protection is non-negotiable

2

Cash flows

Cash flows matter more than IRR projections, Priority cash flows from project collections

3

Late-stage assets

Late-stage assets over land / early-stage bets, No land banking

4

Structure

Structure over speculation, Structured yield / coupon

5

Alignment with developers

Alignment with developers, not dependency on them, Limited equity upside participation

Value Proposition

A Real Estate Fund provides institutional access to diversified, professionally managed property investments with attractive risk-adjusted returns

Experienced Team
  • Strong Deal Pipeline
  • Independent IC
  • Dedicated Team across the project with active monitoring
Capital Preservation Focus
  • Asset-backed security
  • Escrow mechanisms
  • Monitoring & milestone-based disbursement
Predictable Cash Flows
  • Capital Protection + Predictable Returns
  • Structured exits via refinancing / sales
  • Short-to-medium tenure (12–24 months)
Risk–Mitigated Strategy
  • Senior secured / mezzanine structured investments
  • Collateral-backed exposure
  • Defined IRR framework

Investment Strategy

Leveraging a proven legacy of success

Growth Stage Investment
  • Focused on Growth stage funding starting from projects having achieved DA clearances
  • Mid-term investment horizon with defined exit visibility
Sector
  • Focus on Commercial
  • Opportunistically look at the Residential and other Segments
Transaction Structuring
  • Minimum 50% of the fund to be deployed through fixed-return structures
  • Remaining portions invested through alternative structures
  • Capital protection through strong collateral and security cover
RD Brothers Group – Development Partner
  • RD Brothers Group, as the Development Partner, provides proprietary deal flow.
  • Safeguard investors’ interests while offering superior returns

Risk Mitigation

Protect investor capital while delivering targeted IRR through disciplined underwriting, diversification, and active monitoring.

Investment Risk

Risk: Underperformance of Project

  • Minimum IRR threshold
  • 3rd party valuation
  • Conservative sales assumptions
  • Stage-wise capital deployment
  • Investment Committee approval
Liquidity & Exit Risk

Risk: Exit delays or capital lock-in

  • Defined exit strategy before investment
  • Multiple exit options (Refinance / Strategic Sale / REIT / Bulk Exit)
  • Conservative leverage
  • Exit buffer timeline
Operational Risk

Risk: Process failure

  • SOP-based investment lifecycle
  • Segregation of duties
  • MIS reporting structure
  • Internal audit
Market Risk

Risk: Demand slowdown

  • Focus on high absorption micro-markets
  • Mid-income / end-user driven projects
  • Realistic pricing assumptions
  • Sales velocity sensitivity analysis

Risk: Underperformance of Project

  • Minimum IRR threshold
  • 3rd party valuation
  • Conservative sales assumptions
  • Stage-wise capital deployment
  • Investment Committee approval

Risk: Exit delays or capital lock-in

  • Defined exit strategy before investment
  • Multiple exit options (Refinance / Strategic Sale / REIT / Bulk Exit)
  • Conservative leverage
  • Exit buffer timeline

Risk: Process failure

  • SOP-based investment lifecycle
  • Segregation of duties
  • MIS reporting structure
  • Internal audit

Risk: Demand slowdown

  • Focus on high absorption micro-markets
  • Mid-income / end-user driven projects
  • Realistic pricing assumptions
  • Sales velocity sensitivity analysis

Key Proposition

Particulars Details
Fund AIF Category II
Fund Size INR 50 Cr with a greenshoe option of INR 75 Cr

Registration Details

Category of AIF : Category II

SEBI Registration No : IN/AIF2/25-26/1989

Fund Manager : Fractoprop Fund Manager LLP