Arnya, Supreme Universal raises ₹1030 crore for Mumbai-focused fund

Sharad Mittal, founder and chief executive officer of Arnya Real Estates Fund Advisors, said, “Equity investments in residential real estate are almost never happening. But as developers are expanding, the need for capital is huge. Real estate projects require capital, including debt and equity, at various stages of their life cycle. However, the source of capital for residential developers is quite limited.” Mint.