FCC

Mumbai’s land crunch and ageing homes call for structured renewal

2025-06-28

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:

Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to reach your final close by the end of 2025?

Our early success stems from three key drivers: a seasoned leadership team, a focused strategy and credible partnerships. Our team comprises people with vast experience in the real-estate sector working in both global and local firms and combining best practices learnt over the years. Our leadership team has worked in leading organisations such as AIG Investments, Brookfield Asset Management, Godrej, Lodha and Emaar, to name a few. Partnering with The Guardians Real Estate Advisory has enhanced our deal pipeline, investor outreach and real-time market intelligence...