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The fund will focus on real estate opportunities across Chennai, Bengaluru and Hyderabad, with investments ranging from ₹75 crore to ₹200 crore across 8-10 projects

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Arnya RealEstates Fund Advisors Pvt Ltd has launched Arnya Real Estate Fund III – Preferred Capital, a Category II Alternative Investment Fund (AIF) with a target corpus of ₹750 crore

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The company allocated 67.94 lakh equity shares at ₹124 apiece to anchor investors, according to a circular uploaded on the BSE website

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Jain, who has more than 23 years of experience in the real estate sector, has worked at Birla Estates, Godrej Properties, Mahindra Lifespace Developers Ltd, and Unitech Group

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The enclave is planned around a 3.5-acre man-made lagoon

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