Arnya Realestates Fund Advisors, a specialised alternative investment management firm in the real estate sector, has announced an investment of Rs 130 crore in a new residential project by Casagrand in South Bengaluru. This marks the firm’s second investment from its maiden fund and highlights its ongoing strategy to back early-stage residential developments across India’s top-tier cities.

The investment follows Arnya’s first commitment in October 2024 to a project in Navi Mumbai. Its Arnya Real Estate Fund – Debt, launched in April 2024, targets a total corpus of Rs 1,000 crore, with a green shoe option for an additional Rs 1,000 crore. Registered with SEBI as a Category II Alternative Investment Fund (AIF), the fund is focused on early-stage growth capital in the residential real estate market, particularly with Tier-I developers across India’s eight major cities.

Sharad Mittal, Founder & CEO of Arnya Realestates Fund Advisors, said, “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.”

This development further solidifies Arnya’s position as a trusted partner in the Indian real estate ecosystem, aligning capital deployment with high-growth potential and disciplined risk management.