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.

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