Arnya Real Estate Fund Advisors offers real estate debt funds, which invest in debt instruments of real estate projects, primarily providing financing to developers in exchange for interest income. These funds target early-stage construction projects that struggle to secure bank financing. Arnya’s first fund is registered with SEBI. While risks include legal challenges and market cycles, the Indian real estate market is currently experiencing a revival, driven by economic growth. The company plans to partner with credible developers by assessing their financial health. Real estate debt funds are expected to gain popularity as more investors seek diversified portfolios.