What is the Arnya Real Estate Fund-Equity?

The Arnya Real Estate Fund-Equity is an alternative investment fund (AIF) established by Arnya Real Estate Fund Advisors in partnership with Supreme Universal.

How much capital has the Arnya Real Estate Fund raised?

The fund has raised over ₹1,000 crore as its first close, with a target corpus of ₹1,250 crore.

Which cities will the Arnya Real Estate Fund focus on?

The fund will focus on deploying capital across redevelopment-led housing projects in Mumbai and Pune.

Home / Business and Economy / Arnya Fund Raises Over ₹1,000 Crore for Redevelopment

Arnya Fund Raises Over ₹1,000 Crore for Redevelopment

9 Mar

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Summary

Arnya Real Estate Fund Advisors partnered with Supreme Universal.
The fund raised over ₹1,000 crore from investors.
It targets Mumbai and Pune residential redevelopment projects.

Arnya Fund Raises Over ₹1,000 Crore for Redevelopment

Arnya Real Estate Fund Advisors, collaborating with realty developer Supreme Universal, has achieved a significant milestone by raising over ₹1,000 crore. This capital was secured as the first close for their alternative investment fund, the Arnya Real Estate Fund-Equity.

The newly established Category II AIF, with an ambitious target corpus of ₹1,250 crore, is set to strategically deploy its funds into housing projects. These projects will primarily focus on redevelopment opportunities within the bustling real estate markets of Mumbai and Pune.

The fund, established in November, has garnered substantial commitments. Investors include a mix of domestic and offshore family offices, alongside ultra-high-net-worth individuals, highlighting strong confidence in the redevelopment sector.

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