Representative image
| Photo Credit:
Subajayanthi Wilson 2507@Chennai
Arnya RealEstates Fund Advisors will invest ₹130 crore in realty firm Casagrand’s forthcoming residential project in South Bengaluru.
This is the second investment of the company, following the first investment in October 2024 for a project in Navi Mumbai.
It did not give any details about the project in South Bengaluru.
Arnya RealEstates Fund Advisors maiden fund, Arnya Real Estate Fund – Debt, launched in April 2024, aims for a corpus of ₹1,000 crore, with an additional green shoe option of ₹1,000 crore.
Registered as a Category II Alternative Investment Fund (AIF) with the SEBI, the fund focuses on providing early-stage growth capital to the residential real estate sector, targeting Tier 1 developers in India’s top eight cities.
“At Arnya, we are committed to building an independent real estate investment management platform which provides solutions to investors across debt, rental & equity,” Sharad Mittal, Founder & CEO of Arnya RealEstates Fund Advisors, said.
The fund aims to leverage its deep market expertise and strategic relationships to deliver superior performance and long-term value to its investors, the company said.
The fund has attracted a diverse group of investors, ranging from high-net-worth individuals to family offices.
Published on April 14, 2025
