MUMBAI: Real estate investment manager Arnya Realestates Fund Advisors has invested over Rs 1,000 crore across residential projects in India through its maiden debt fund and direct investments, as alternative investment funds continue to expand their exposure to the country's housing sector. The investments span five cities-Mumbai, Pune, Bengaluru, Chennai and Hyderabad-with the portfolio comprising projects of developers such as Casagrand, MAIA Estates, Gami Group and Vaishnavi.Many of the projects are at advanced stages of approvals and execution, while some have already commenced sales in key residential markets including Bengaluru. The investments have been routed through Arnya Real Estate Fund-Debt, the firm's category II alternative investment fund registered with the Securities and Exchange Board of India, along with direct investments undertaken by the firm.
Arnya invests over Rs 1K crore in housing projects
Many of the projects are at advanced stages of approvals and execution, while some have already commenced sales in key residential markets including Bengaluru. The investments have been routed through Arnya Real Estate Fund-Debt, the firm's category II alternative investment fund registered with the Securities and Exchange Board of India, along with direct investments undertaken by the firm.
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