NEW DELHI: Arnya Realestates Fund Advisors, an alternative investment management firm, has invested ₹130 crore in Casagrand’s residential project in South Bengaluru.
The firm had announced its first investment in October 2024 for a project in Navi Mumbai and this is their second investment. The firm’s maiden fund, Arnya Real Estate Fund – Debt, launched in April 2024, aims for a corpus of ₹1,000 crore, with an additional green shoe option of ₹1,000 crore.
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.