Fund News
Realtors Arnya, Supreme Universal raise Rs.1,000-Cr fund for Mumbai, Pune redevelopment projects
Arnya Real Estate Fund Advisors , in partnership with realty developer Supreme Universal , has raised over INR 1,000 crore from domestic and offshore investors as the first close of its alternative investment fund (AIF), the Arnya Real Estate Fund-Equity.The category II AIF, with a target corpus of INR 1,250 crore, will focus on deploying capital across redevelopment-led housing projects in Mumbai and Pune. The fund, set up in November has received commitments from domestic and offshore family offices and ultra-high-net-worth individuals.
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