Arka Launches Rs. 500 Cr Real Estate Fund with Rohan Builders as Operating Partner
Arka launches second real estate fund, partners with Rohan Builders, to invest in residential projects
Real EstateInvestmentFundResidential ProjectsIndiaReal Estate NewsSep 11, 2024
Rohan Builders, a well-known real estate developer, has joined hands with Arka as the operating partner for the fund. With over two decades of experience in the industry, Rohan Builders has developed several successful residential projects across the country.
The fund will target investments in projects that are in the mid-stage of development, with a focus on completing the projects and delivering them to customers. Arka plans to invest in projects that have a potential for significant value appreciation, with a focus on generating strong returns for its investors.
The real estate sector in India has seen significant growth in recent years, driven by government initiatives such as the Pradhan Mantri Awas Yojana (PMAY) and the Smart Cities Mission. The sector is expected to continue growing, driven by increasing demand for housing, particularly in the mid-income segment.
Arka's first fund, which was launched in 2017, had a corpus of Rs. 200 crore and invested in several successful residential projects across the country. The fund generated strong returns for its investors, with an internal rate of return (IRR) of over 25%.
With the launch of its second fund, Arka aims to build on its success and establish itself as a leading player in the real estate investment space. The partnership with Rohan Builders will enable the fund to leverage the developer's expertise and experience in the industry.
Information
Arka is a real estate investment firm that was founded in 2015. The firm has a strong track record of investing in successful residential projects across India.
Rohan Builders is a leading real estate developer that was founded in 1993. The company has developed several successful residential projects across India and has a strong reputation in the industry.
Frequently Asked Questions
What is the corpus of Arka's second fund?
The corpus of Arka's second fund is Rs. 500 crore.
Who is the operating partner for Arka's second fund?
Rohan Builders is the operating partner for Arka's second fund.
What type of projects will the fund invest in?
The fund will invest in mid-stage residential projects across major cities in India.
What is the expected return on investment for the fund?
The fund aims to generate strong returns for its investors, with an expected IRR of over 20%.
What is the experience of Rohan Builders in the real estate industry?
Rohan Builders has over two decades of experience in the real estate industry and has developed several successful residential projects across India.
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