Axis RERA Opportunities Fund – I (Axis RERA Fund) has inked a deal to invest Rs 60 crore in Akshaya Group.

The investment by the fund in the Chennai-based developer is the first investment of Axis AMC’s maiden real estate alternative investment fund.

The Axis RERA Fund has invested in Orlando, a township project by Akshaya Group.

The upcoming township project is located in Kelambakkam on the Old Mahabalipuram Road (OMR), Chennai, Tamil Nadu.