Arnya Realestates Fund Advisors, a firm specializing in alternative investment management, has allocated ₹130 crore to Casagrand’s residential development in South Bengaluru.
This marks the firm’s second investment, following its initial commitment announced in October 2024 for a project located in Navi Mumbai. The inaugural fund, known as Arnya Real Estate Fund – Debt, was launched in April 2024 with a target corpus of ₹1,000 crore, along with an additional green shoe option of ₹1,000 crore.
Registered as a category-II alternative investment fund (AIF) with SEBI, the fund is dedicated to providing early-stage growth capital specifically for the residential real estate sector.