Paradigm Realty secures ₹100 crore from Arnya RealEstates Fund for flagship project 71 Midtown
Mumbai : Paradigm Realty Group, one of Mumbai’s most trusted and rapidly growing real estate developers, has secured ₹100 crore from Arnya RealEstates Fund for its flagship residential development, 71 Midtown. Located near Sindhi Society, Chembur, the project is strategically positioned in one of the city’s most well-connected residential catchments.
The proceeds will be deployed towards completing the project across Phase 1 and Phase 2, ensuring seamless execution and timely delivery.
Spread across an approx. 4.5-acre gated community layout, 71 Midtown features thoughtfully planned 1 and 2 BHK residences designed for modern urban families seeking comfort, security, convenience, and community living.
Strategically located in Chembur, 71 Midtown offers excellent connectivity to BKC approximately 10 minutes away. This makes it a highly convenient residential address for professionals working in and around BKC, while the upcoming High Court in the Bandra East vicinity further strengthens its appeal for legal professionals. The project has witnessed robust demand from discerning homebuyers seeking premium residences that combine superior design, modern amenities, and excellent connectivity. It exemplifies Paradigm Realty Group’s unwavering commitment to quality, innovation, and customer-centric development.
Over the last 11 years, Paradigm Realty Group has established a strong footprint across Mumbai, successfully serving more than 3,100 families, completing 13 landmark projects, and delivering over 3.6 million sq. ft. of premium real estate. The company currently has six ongoing developments with approximately 4 million sq. ft. under active development, reinforcing its position as a significant player in Mumbai’s evolving real estate landscape.
Commenting on the transaction, Parthh K Mehta, CMD & Chief Mentoring Officer, Paradigm Realty Group, said: “The ₹100 crore investment from Arnya RealEstates Fund marks a significant milestone in the growth journey of 71 Midtown. Beyond strengthening our financial position, it reflects the confidence that leading institutional investors place in our execution capabilities, governance standards, and long-term vision. At Paradigm Realty Group, we remain committed to creating exceptional living spaces while delivering sustainable value to our customers, partners, and stakeholders.”
Piyush Thakkaar, Director Investments, Arnya RealEstate Fund Advisors added “Real estate funding today is about backing projects with strong fundamentals clear execution capability and long-term value. Our association with Paradigm Realty for 71 Midtown reflects our confidence in the project s strategic location planning and the developer’s execution capabilities. We believe this partnership will support the timely development of a well-connected residential community in Chembur.”
The investment tenure is strategically aligned with the project’s development and completion cycle. This structured financing enhances the project’s cash flow visibility and provides a robust platform for accelerated execution while maintaining the highest standards of quality and timely delivery.
