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

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..