Arka launches its second fund of Rs 500 Cr

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The story "Arka launches its second fund of Rs 500 Cr" was covered 16 hours ago by YourStory, a news publisher based in India.

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Arka launches its second fund of Rs 500 Cr - YourStory

Quick Summary:

The fund’s first scheme, Arka Hreem Fund, has a target size of Rs 500 crore and a green shoe of Rs 250 crore with a focus on investments in India's residential real estate sector.

We are excited about the potential this fund holds for the sector as it is not for Rohan or its projects but rather the market and are confident it will provide significant value to the investee developers and investors alike,” added Suhas Lunkad, Chairman & Managing Director of Rohan Builders.

This launch follows the successful final closing of Arka’s maiden private credit fund.