Arnya Fund to Invest Rs 1.3 Bn in Casagrand’s Bengaluru Project
Real Estate

Arnya Fund to Invest Rs 1.3 Bn in Casagrand’s Bengaluru Project

Arnya RealEstates Fund Advisors is set to invest Rs 1.30 billion in Casagrand’s upcoming residential project in South Bengaluru, marking its second investment. The first investment was announced in October 2024 for a project in Navi Mumbai, according to a company statement issued on Monday.

While specific details about the South Bengaluru project remain undisclosed, the investment is part of Arnya RealEstates Fund Advisors’ strategic expansion in the real estate sector.

The firm’s debut fund, Arnya Real Estate Fund - Debt, launched in April 2024, targets a corpus of Rs 1 billion, with an additional green shoe option of Rs 1 billion. Registered as a Category II Alternative Investment Fund (AIF) with SEBI, the fund focuses on providing early-stage growth capital to residential real estate projects, with a primary focus on Tier 1 developers in India’s top eight cities.

Sharad Mittal, Founder & CEO of Arnya RealEstates Fund Advisors, said, “At Arnya, we are focused on building a robust, independent real estate investment management platform that delivers tailored solutions for investors, covering debt, rental, and equity.”

The fund leverages its extensive market expertise and strategic relationships to generate superior returns and long-term value for its diverse group of investors, including high-net-worth individuals and family offices.

Arnya RealEstates Fund Advisors is set to invest Rs 1.30 billion in Casagrand’s upcoming residential project in South Bengaluru, marking its second investment. The first investment was announced in October 2024 for a project in Navi Mumbai, according to a company statement issued on Monday. While specific details about the South Bengaluru project remain undisclosed, the investment is part of Arnya RealEstates Fund Advisors’ strategic expansion in the real estate sector. The firm’s debut fund, Arnya Real Estate Fund - Debt, launched in April 2024, targets a corpus of Rs 1 billion, with an additional green shoe option of Rs 1 billion. Registered as a Category II Alternative Investment Fund (AIF) with SEBI, the fund focuses on providing early-stage growth capital to residential real estate projects, with a primary focus on Tier 1 developers in India’s top eight cities. Sharad Mittal, Founder & CEO of Arnya RealEstates Fund Advisors, said, “At Arnya, we are focused on building a robust, independent real estate investment management platform that delivers tailored solutions for investors, covering debt, rental, and equity.” The fund leverages its extensive market expertise and strategic relationships to generate superior returns and long-term value for its diverse group of investors, including high-net-worth individuals and family offices.

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?