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

17 Apr 2025 CW Team

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.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..