There is a shortage of project finance for small-medium sized developers focusing on middle income and low-cost housing projects.
Aevitas Property Partners is an investor in a third-party managed fund, Kautilya Real Estate Fund ("KREF"), based in India. KREF provides debt to residential real estate developers for the purposes of growth capital or construction finance. KREF restricts its focus to India and is currently active in Delhi and Mumbai.
Shiv Wallia
Designated Partner, Kautilya Finance Investment Advisors LLP
Shiv Wallia is a Designated Partner of Kautilya Finance Investment Advisors LLP — the Investment Manager of Kautilya Real Estate Fund. He co-founded the fund management entity with Neha Wallia, with the LLP incorporated on February 13, 2015. He leads the real estate debt investment strategy with a 35-member team drawn from leading institutions.
Neha Wallia
Designated Partner, Kautilya Finance Investment Advisors LLP
Neha Wallia is a Designated Partner of Kautilya Finance Investment Advisors LLP and co-founder of the investment manager entity for Kautilya Real Estate Fund.
Ishaan Vyas
SEBI Contact Person / Legal Advisor (NDA)
Ishaan Vyas is the SEBI-designated contact person for Kautilya Real Estate Fund. His email (ishaan.vyas@nishithdesai.com) identifies him as a professional at Nishith Desai Associates (NDA) — the fund's external legal counsel and regulatory compliance partner at the NDA Delhi office, International Trade Towers, Nehru Place. NDA is a leading Indian law firm specialising in AIF structuring and fund formation.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
© 2026 Wisefolio. Legal and disclaimers