Arka Investment Advisory Services Launches Rs 500 Crore Alternative Investment Fund
Arka Hreem Real Estate Opportunities Fund targets residential real estate in tier I cities
Arka Investment Advisory ServicesAlternative Investment FundReal EstateTier I CitiesResidential Real EstateReal Estate MaharashtraSep 12, 2024
The fund will focus on residential real estate in tier I cities. Rohan Builders has joined as the operating partner for the fund through its financial services arm, Hreem. The fund is managed by AIASPL and sponsored by Arka Financial Holdings, the financial services platform backed by Kirloskar Oil Engines.
Arka Financial Holdings is a financial services platform that provides a range of financial services, including investment banking, wealth management, and alternative investments. Kirloskar Oil Engines is a leading manufacturer of diesel engines and gensets in India.
The launch of Arka Hreem Real Estate Opportunities Fund is a significant development in the Indian real estate sector, which has been witnessing a surge in demand for housing in recent years. The fund's focus on residential real estate in tier I cities is expected to capitalize on this demand and provide investors with attractive returns.
The Indian real estate sector has been growing rapidly in recent years, driven by government initiatives such as the Pradhan Mantri Awas Yojana (PMAY) and the Real Estate (Regulation and Development) Act, 2016 (RERA). The sector is expected to continue growing in the coming years, driven by increasing demand for housing and commercial space.
Arka Investment Advisory Services is a leading investment advisory firm in India, providing a range of investment advisory services to institutional and individual investors. The firm has a strong track record of managing alternative investment funds and providing attractive returns to investors.
Arka Financial Holdings is a financial services platform that provides a range of financial services, including investment banking, wealth management, and alternative investments. Kirloskar Oil Engines is a leading manufacturer of diesel engines and gensets in India.
Arka Investment Advisory Services (AIASPL) is a leading investment advisory firm in India, providing a range of investment advisory services to institutional and individual investors. The firm has a strong track record of managing alternative investment funds and providing attractive returns to investors.
Frequently Asked Questions
What is the target size of the Arka Hreem Real Estate Opportunities Fund?
The target size of the fund is Rs 500 crore, with a green shoe of Rs 250 crore.
What is the focus of the Arka Hreem Real Estate Opportunities Fund?
The fund will focus on residential real estate in tier I cities.
Who is the operating partner for the fund?
Rohan Builders has joined as the operating partner for the fund through its financial services arm, Hreem.
Who is the sponsor of the fund?
The fund is sponsored by Arka Financial Holdings, the financial services platform backed by Kirloskar Oil Engines.
What is the expected outcome of the fund's investment in residential real estate?
The fund's investment in residential real estate is expected to capitalize on the growing demand for housing in tier I cities and provide investors with attractive returns.
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