Designed by Developers. Governed Like a Fund.

A structured, SEBI-regulated platform for real estate participation.

3.7 million+ sq.ft
Under Construction
5 million+ sq.ft
Developed
2600+
Homes Delivered
10 Active
Development
26+
Completed Projects

About us

Blue Rise Advisors is a SEBI-registered Category II AIF focused on secured, cash-flow-backed real estate. The platform combines institutional underwriting, asset-backed structures, and active project monitoring to ensure long-term capital preservation and measured growth.

With a track record of executing complex real estate projects, Blue Rise Advisors emphasizes transparency, rigorous risk management, and alignment with investor interests. Our firm provides investors with a structured, professional, and governance-driven approach to real estate investment, creating opportunities that balance stability, yield, and lead to strategic growth.

Our Sponsors

Blue Building Concepts

Blue Building Concepts, the Sponsor of the BLUERISE Fund, is the strategic backbone of the platform. An initiative by Reneev Developers and Aaryan Group, combining modern precision with legacy expertise to deliver consistent performance beyond traditional development models.

Aaryan
Group

For over 35 years, Aaryan Group has shaped Ahmedabad’s urban landscape with a planning-first approach and people-centric design. With more than 2,000 homes delivered and a strong footprint across residential and commercial projects, Aaryan is synonymous with trust and transparency. Every development reflects our values of honesty, clarity, and simplicity creating spaces designed not only to impress but to endure and enrich lives.

Reneev  
Developers

Reneev Developers is a team of visionary planners, architects, engineers, and designers redefining the boundaries of construction. Leveraging data-driven insights, advanced technologies, and sustainable practices, its neev is built on transparency, reliability, and a client-focused approach. We prioritize our clients’ aspirations, ensuring a seamless journey from concept to completion.

“In Gujarat, business has never been merely a pursuit of profit, but a tradition rooted in trust, discipline, and long-term vision. Where decisions are guided by wisdom and creation is driven by patience, institutions do not just grow-legacies are built.”

“गुजरात की धरती पर व्यापार सिर्फ लाभ के लिए नहीं, बल्कि
विश्वास, संयम और लंबे समय की सोच के साथ किया जाता है। जहाँ फैसले समझदारी से लिए जाते हैं और निर्माण धैर्य के साथ होता है, वहीं संस्थाएँ नहीं, विरासतें बनती हैं।”

 – From the Chairman’s Desk (Arvind Ola)

Our Vision

To build a real estate investment platform that grows thoughtfully over time, starting with projects we believe in, stand behind, and are proud to develop. It evolves into larger opportunities as trust is earned through consistent action, transparency, and long-term commitment.

Key focus areas:
Trusted projects
Invest in developments we fully support.
Responsible growth
Expand carefully as trust support.
Principled approach
Guided by transparency and long-term commitment.

Our Mission

To identify and invest in customer-centric real estate opportunities with strong fundamentals, thoughtful design, and clear execution pathways.

Operating within the AIF Category II framework, we focus on structured, project-level investments in well-located developments. Our goal is to set new benchmarks and shape the evolving urban landscape.

Our Approach in Action: 
Select projects with strong fundamentals and execution readiness
Focus on customer relevance, design quality, and location strength
Invest at the project level with clear development visibility
Back developments that aspire to become respected city benchmarks

Our Stewardship
Philosophy

Built by Developers. Guided by Capital.

“We believe investor capital is not just money, it is a responsibility”. Every rupee entrusted to us is treated as our own and deployed only in projects with clear execution and control, often where we are directly involved as developers. This ensures aligned decision-making, accountability, and consistent outcomes.

As developers, we remain responsible on the ground.
As fund managers, we act with discipline and restraint.
As long-term partners, we define success and measure it by consistency, trust, delivery.

About BLUERISE Fund

BLUERISE Fund is an Ahmedabad-based, SEBI-registered Category II Structured Private Credit AIF.

The Fund focuses on investing in secured, high-yield real estate and structured private credit opportunities, with an emphasis on risk-adjusted returns. Operating within a developer-backed ecosystem, it enables early access to well-screened opportunities. Supported by long-standing sponsor relationships, proven on-ground execution, and an institutional-grade governance framework, the Fund prioritises capital preservation in line with a Category II AIF mandate.

Why Invest with Blue Rise?

Strong Local Expertise & Market Intelligence

Deep insight into Gujarat’s real estate and industrial ecosystem enables early identification of high-potential opportunities.

Proven Track Record with Reputed Developers

Established relationships with credible developers provide access to exclusive, early-stage, de-risked opportunities.

Structured, Risk-Mitigated Investment Approach

Secured, asset-backed structures with milestone-linked disbursements, strong collateral cover, and rigorous due diligence.

High-Conviction Strategy in a High-Growth Region

Gujarat’s infrastructure expansion, industrial growth, and urbanization support consistent return potential.

Transparent Governance & Reporting Standards

Institutional-grade governance, robust monitoring, and clear investor reporting throughout the investment lifecycle.

Focus on Execution & Timely Realizations

Active asset management and project-level oversight drive timely execution and predictable exits.

How the Real Estate
Cycle Works?

Advantages of a Sponsor with Real Estate Roots

Strong Brand Trust

Built on over three decades of credibility and goodwill in the real estate sector.

Credible Leadership

Led by promoters with a proven track record of measured expansion and execution.

Financially Sound

A stable, well-capitalized group with the infrastructure to support and scale new ventures.

Strategic Location
Advantage

Strong presence in Ahmedabad, a region supported by sustained government-led infrastructure development.

Value-Driven Approach

A commitment to transparency and professionalism embedded across real estate operations.

Projects

The Blue Corner

Residential & Retail | 3BHK Apartments & Retail Shops | 13 Storey | Jagatpur

Codename Urban Gem

Residential | 3BHK Apartments & 4BHK Duplex Penthouse | 22 Storey | Jagatpur

Codename Dear Life

Residential & Retail | 3BHK Apartments & Retail Shops | 13 Storey | Jagatpur

Codename Timeless Retail Spaces & Grade-A Offices

Mixed-Use Commercial | Premium Retail Shops, Grade-A Offices, Duplex Corporate Houses | 19 Storey | Sindhubhavan Road

Frequently Asked Questions

What is an AIF?

An Alternative Investment Fund (AIF) is a SEBI-regulated fund that channels investor capital into real estate through a structured, systematic approach, aiming for steady growth while managing risk responsibly.

What are Category II AIFs?

Category II AIFs invest in private companies or structured projects without leverage. BlueRise One is a Category II AIF focused on secured, cash-flow-backed real estate opportunities.

Who manages BlueRise One?

BlueRise One is managed by Blue Rise Advisors LLP, combining institutional underwriting, asset-backed structures, and active project-level monitoring.

Who are the sponsors behind this fund?

The fund is backed by Blue Building Concepts, a venture by Reneev Developers, a tech-driven, governance-focused platform, and Aaryan Group, with 35+ years of development experience, ensuring transparency and timely execution.

Why does this fund exist?

Early-stage and growth-phase real estate projects still face capital gaps. BlueRise One bridges this gap responsibly by supporting credible developers and deploying structured, risk-aware capital.

How does the fund ensure safety and transparency?

Through active monitoring, asset-backed structures, and alignment with regulatory and market cycles, the platform focuses on long-term capital preservation and measured growth.

Can I see more details about the fund?

Yes. You can download the Pitch Deck by sharing your email and contact details, it will give you insights into fund strategy and projects.

Let’s Build Growth,
Thoughtfully.

A structured approach to real estate credit—designed for clarity, discipline, and long-term value creation.