Arnya Realestates Invests Rs 1.3 Billion in Casagrand Project
Real Estate

Arnya Realestates Invests Rs 1.3 Billion in Casagrand Project

Arnya Realestates Fund Advisors, an alternative investment management firm, specialising in real estate, announces a Rs 1.3 billion investment in Casagrand's forthcoming residential project in South Bengaluru. The firm had announced its first investment in October 2024 for a project in Navi Mumbai and this marks as the second investment. The firm's maiden fund, Arnya Real Estate Fund – Debt, launched in April 2024, aims for a corpus of Rs 10 billion, with an additional green shoe option of Rs 10 billion.

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. The fund aims to leverage its deep market expertise and strategic relationships to deliver superior performance and long-term value to its investors. It has attracted a diverse group of investors, ranging from high-net-worth individuals to family offices, highlighting the broad appeal and strong interest in the firm’s investment approach. This latest investment in Casagrand's South Bengaluru project underscores Arnya's commitment to leveraging its market expertise and strategic relationships to drive growth in India's residential real estate sector, aiming to deliver long-term value to its investors.

Sharad Mittal Founder & CEO, Arnya Realestates Fund Advisors, stated, "At Arnya, we are committed to building an independent real estate investment management platform which provides solutions to investors across Debt, Rental & Equity. This marks our second investment from our maiden high yield debt fund, and we are excited to continue our growth trajectory. We have had a strong and trusted relationship with Casagrand for over a decade and it’s a pleasure to collaborate with them on this project in our new avatar. I also want to take this opportunity to express our sincere gratitude to all our investors & distribution partners for their continued trust and support, which is integral to our success as we focus on delivering superior risk adjusted returns through strategic partnerships targeting high-potential real estate opportunities." “I would like to congratulate Team Arnya for their journey in building an Real estate investment management platform. We greatly appreciate their continued support in Casagrand’s journey and the trust they’ve placed in us over the last decade. We look forward to collaborating on more successful transactions in the future, working together to create long-term value and growth for all stakeholders involved.” said Arun MN, Founder, Chairman and MD, Casagrand.

Arnya Realestates Fund Advisors, an alternative investment management firm, specialising in real estate, announces a Rs 1.3 billion investment in Casagrand's forthcoming residential project in South Bengaluru. The firm had announced its first investment in October 2024 for a project in Navi Mumbai and this marks as the second investment. The firm's maiden fund, Arnya Real Estate Fund – Debt, launched in April 2024, aims for a corpus of Rs 10 billion, with an additional green shoe option of Rs 10 billion. 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. The fund aims to leverage its deep market expertise and strategic relationships to deliver superior performance and long-term value to its investors. It has attracted a diverse group of investors, ranging from high-net-worth individuals to family offices, highlighting the broad appeal and strong interest in the firm’s investment approach. This latest investment in Casagrand's South Bengaluru project underscores Arnya's commitment to leveraging its market expertise and strategic relationships to drive growth in India's residential real estate sector, aiming to deliver long-term value to its investors. Sharad Mittal Founder & CEO, Arnya Realestates Fund Advisors, stated, At Arnya, we are committed to building an independent real estate investment management platform which provides solutions to investors across Debt, Rental & Equity. This marks our second investment from our maiden high yield debt fund, and we are excited to continue our growth trajectory. We have had a strong and trusted relationship with Casagrand for over a decade and it’s a pleasure to collaborate with them on this project in our new avatar. I also want to take this opportunity to express our sincere gratitude to all our investors & distribution partners for their continued trust and support, which is integral to our success as we focus on delivering superior risk adjusted returns through strategic partnerships targeting high-potential real estate opportunities. “I would like to congratulate Team Arnya for their journey in building an Real estate investment management platform. We greatly appreciate their continued support in Casagrand’s journey and the trust they’ve placed in us over the last decade. We look forward to collaborating on more successful transactions in the future, working together to create long-term value and growth for all stakeholders involved.” said Arun MN, Founder, Chairman and MD, Casagrand.

Next Story
Infrastructure Urban

Himachal CM Opens Integrated Command and Control Centre in Dharamshala

Himachal Pradesh has launched a new integrated command, control, and crime response centre named ‘Chakshu Chakra’ in Dharamshala, developed under the Smart City Mission. The centre is located at the Superintendent of Police Office and is aimed at enhancing urban surveillance and public safety.A total of 229 CCTV cameras have been installed at 89 critical locations throughout the city. Among these, seven locations feature advanced cameras under the Intelligent Traffic Management System (ITMS) to aid in traffic regulation and public safety measures.Developed at a cost of Rs 20.72 million, th..

Next Story
Infrastructure Transport

NH Construction from Kasaragod to Thiruvananthapuram to End by Dec 2025

The proposed greenfield highway project between Karur and Coimbatore is likely to face a delay of two years.The construction of the national highway from Kasaragod to Thiruvananthapuram is scheduled for completion by December 2025. This update followed a meeting involving the Union Minister for Road Transport and the Chief Minister of Kerala, where discussions focused on addressing lapses in the construction process, proposed corrective measures, and ensuring accountability.The meeting began with a review of the issues identified in the construction work. Officials from the National Highways A..

Next Story
Infrastructure Transport

Karur-Coimbatore Greenfield Highway Project Likely to Face Delay

The proposed greenfield highway project between Karur and Coimbatore is likely to face a delay of two years.Due to increasing traffic congestion caused by a surge in vehicular movement on the existing highway, the National Highways Authority of India (NHAI) had proposed the construction of a new road connecting Karur and Coimbatore a few years ago. Following the proposal, NHAI conducted multiple surveys to assess traffic volume and determine the alignment of the new route. However, despite being regularly discussed in NHAI meetings, the project made little progress.Subsequently, a consultant w..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?