Arnya Realestates Fund Advisors announced a Rs 130 crore 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 its second investment. The firm's maiden fund, Arnya Real Estate Fund – Debt, launched in April 2024, aims for a corpus of Rs 1,000 crores, with an additional green shoe option of Rs 1,000 crores.
Registered as a Category II Alternative Investment Fund (AIF) with the SEBI, the fund provides 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 of Arnya Realestates Fund Advisors, stated, "At Arnya, we are committed to building an independent real estate investment management platform that provides solutions to investors across Debt, Rental, and 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 express our sincere gratitude to all our investors and 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 on their journey in building a real estate investment management platform. We greatly appreciate their continued support in Casagrand’s journey and their trust 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.
.png)
