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Arnya Realestates to launch ₹1,000 crore second debt fund as residential credit demand stays strong

Arnya Realestates to launch ₹1,000 crore second debt fund as residential credit demand stays strong

Arnya Realestates to launch ₹1,000 crore second debt fund as residential credit demand stays strong


“The new 1000 crore fund will be Series 2 of the first debt fund. In the real estate credit space, the primary requirement is often at the early stage of a project, for land and approvals. That was the main focus of our maiden fund. Our second fund will look at post-approval debt financing. which of course is less riskier as well,” Sharad Mittal, chief executive and founder, Arnya Realestates Fund Advisors told Mint in an interview.

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