mumbai the mauritiusbased private equity fund paracor capital advisors is planning to raise usd 200 million to invest in real estate projects in the country a top company official has said we will be raising usd 200 million by june to invest in real estate projects mostly residential around 90 per cent we are looking at projects in top seven cities paracor capital managing director and chief executive anil pathak told reporters this weekend on the sidelines of a real estate summit here paracor identifies investment opportunities in the country and advises overseas investment companies in selecting their investments here the investment will be routed through its arm madison india real estate fund mauritius that focuses on real estate and hospitality investments pathak said the company has already tied up for raising the funds these funds will be mainly through high networth individuals once we have the funds we will cautiously invest in projects he said adding these funds will be invested for seven years pathak said the company will be investing only after carrying out due diligence we dont want to invest in any project that comes our way we are getting inquiries from developers but we are not in a hurry to disburse our funds we will invest only after scrutinising the projects he said paracor capital which recently exited from two projects in chennai is likely to exit from a few more over the next two to three months which will mainly be in the western region