Arnya & Supreme Universal Launch Rs. 1,000 Cr Real Estate Fund
Arnya Realestates Fund Advisors, an alternative investment management firm, in partnership with Mumbai-based developer Supreme Universal, has announced the launch of Arnya Real Estate Fund – Equity, a SEBI-registered Category II AIF. Focused on the Mumbai and Pune markets, the fund has a target corpus of ₹1,000 crore (₹500 crore with a green-shoe option of another ₹500 crore).
The fund will invest in the residential real estate sector with a strong focus on redevelopment projects, aiming to capitalize on one of India’s most resilient and high-growth segments while delivering superior risk-adjusted returns to investors.
Sharad Mittal, Founder of Arnya Real Estate Fund, said, “Our objective at Arnya is to build a real estate-focused investment platform that provides investors with access to unique opportunities through private equity. We believe Mumbai’s redevelopment segment represents the most scalable and resilient business model within Indian real estate, and through this fund we are creating a disciplined and structured way to participate in it. With its proven track record over four decades, Supreme Universal brings the right expertise to help us achieve this vision”.
Sunny Bijlani, Joint Managing Director, Supreme Universal, remarked, “For over four decades having delivered 80 projects, Supreme has been shaping Mumbai’s skyline with trust and excellence. Redevelopment is not just about creating new homes, but about uplifting entire communities. This partnership represents the future of real estate investing – professional, transparent, and performance-driven. With Arnya, we are excited to offer investors a chance to be part of this journey while creating meaningful value for residents and the city alike.”
Vishal Jumani, Joint Managing Director, Supreme, added, “As the real estate evolves, there is a need to have the right kind of capital coming into real estate projects. We are delighted to have this partnership with Arnya – it mirrors our own philosophy of quality, transparency, and accountability. Together, we are building a model where capital, expertise, and execution converge to deliver both premium projects for buyers and superior outcomes for investors.”
