Akhil Singla
Managing Partner
Chartered Accountant, Cost Accountant and Lawyer with a PGP from ISB. Leads fin ancial modelling, transaction structuring, legal diligence and regulatory compliance, ensuring disciplined evaluation of investment opportunities.
For developers, the biggest advantage of AIF capital lies in its flexibility.
Traditional bank debt generally comes with stringent security requirements, defined leverage parameters and restrictions around the stage of development at which funding can be deployed. On the other hand, pure equity can be expensive from a dilution and return perspective.
“AIFs occupy the space between these two ends of the capital spectrum.”
This allows developers to design a capital stack that better aligns with a project’s cash-flow profile. This becomes particularly relevant in the current real estate environment, where one of the most significant funding gaps often occurs between land acquisition and project launch.
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