ArisUnitern plans Rs.350-Cr realty projects focused AIF

Real estate contracting and advisory firm ArisUnitern plans to raise INR 350 crore through the alternative investment fund route this year, marking its foray into the real estate alternative financing segment. The proposed fund, which will focus on last-mile funding of residential projects, will have a green shoe option of INR 100 crore. ArisUnitern plans to invest INR 25-30 crore per project across Bengaluru, Chennai and Hyderabad.