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
Real Estate

K Raheja Corp launches luxury tower at Raheja Galaxy, South Pune

K Raheja Corp Homes has unveiled a new luxury tower at Raheja Galaxy in South Pune, catering to the growing demand for premium living spaces in the area. Located off NIBM, the project offers seamless connectivity, excellent infrastructure, and a reputation for timely delivery and superior construction quality.The new tower features spacious 2-bed, 3-bed, and 3BHK L residences, priced from Rs 1.29 crore. The homes are designed with modern amenities and a neo-classical architectural style, offering a balance of functionality and luxury. Prices will increase after April 30th, making the early-bir..

Next Story
Infrastructure Urban

PM to Visit Bihar on April 24 for Panchayati Raj Day Celebrations

Prime Minister Shri Narendra Modi is scheduled to visit Bihar on 24th April 2025. During his visit to Madhubani, he will participate in the National Panchayati Raj Day celebrations at around 11:45 AM. On this occasion, he will inaugurate, dedicate, and lay the foundation stone for several development projects worth over Rs 134 bn, and will address the public gathering. As part of the programme, the Prime Minister will present the National Panchayat Awards, honouring the best-performing Panchayats from across the country. In the railways sector, Prime Minister Modi will flag off the Amrit Bha..

Next Story
Infrastructure Urban

Rs 140 Bn Infra Projects in North India Reviewed by DPIIT Secretary

Shri Amardeep Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), chaired a high-level Project Monitoring Group (PMG) review meeting to assess progress on major infrastructure projects in Uttar Pradesh, Haryana, Punjab, and Uttarakhand. The meeting was attended by senior officials from central ministries, state governments, and private sector project proponents. A total of 17 key infrastructure projects, collectively worth over Rs 140 billion, were reviewed during the session, which addressed 19 critical issues affecting project execution. The discussions..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?