Arnya Realestates Set to Launch Rs 1000-Cr Debt Fund for Top 8 Realty Markets
Arnya Realestates Fund Advisors to raise Rs 1000 crore debt fund for investments in top 8 real estate markets. Read more on real estate fund, investment management, and debt fund.
Real Estate FundInvestment ManagementDebt FundProperty MarketsArnya RealestatesReal Estate NewsSep 08, 2024
The fund has already secured commitments of Rs 375 crore from a diverse group of investors, including domestic family offices, ultra-high net-worth individuals (UHNWIs), and HNIs. This is a significant milestone for the firm, which is committed to building an independent, real estate-focused investment management firm.
Registered as a category II alternative investment fund (AIF) with markets regulator Sebi, the fund will target tier-I developers with a robust execution and sales track record. The fund's founder and CEO, Sharad Mittal, said that the firm aims to leverage its deep market expertise and strategic relationships to deliver superior performance and long-term value to its investors.
The Indian residential real estate sector has seen remarkable growth in recent years, driven by a surge in demand for homes, policy reforms, and urbanisation. Stable interest rates and growing disposable incomes have spurred homebuyers to invest, resulting in robust sales across key cities.
Institutional investors are increasingly eyeing this asset class, recognising its long-term growth potential. With increasing confidence in regulatory frameworks like the Real Estate Regulatory Authority (RERA) and tax reforms, the sector has become more transparent and organised, making it an attractive option for global and domestic investors alike.
Mittal said that the fund aims to generate an internal rate of returns of over 20% through investments in mid-market projects. The firm is working on a robust deal pipeline and expects to conclude the first transaction in the next one month. The entire fundraising under this fund is likely to be concluded by the end of this year.
About Arnya Realestates Fund Advisors
Arnya Realestates Fund Advisors is an alternative investment management firm focused on real estate investments. The firm is committed to building a comprehensive range of products across debt, rental, and equity in the real estate sector.
Keywords real estate fund, investment management, debt fund, property markets, Arnya Realestates
Frequently Asked Questions
What is the name of the debt fund launched by Arnya Realestates Fund Advisors?
Arnya Real Estate Fund – Debt
How much does the fund aim to raise?
Over Rs 1,000 crore
What type of investments will the fund make?
Early-stage growth investments in residential projects with a commercial component
What is the expected internal rate of return of the fund?
Over 20%
When is the entire fundraising under this fund expected to be concluded?
By the end of this year
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