Business
Nisus Finance Invests ₹ 115 Cr in Urban Redevelopment and Housing Projects Across Mumbai and Pune
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Mumbai (Maharashtra) [India], July 23: Nisus Finance Services Co Limited (BSE- NISUS | 544296 | INE0DQN01013) one of India’s leading structured real estate credit fund managers, has announced an investment of ₹115 Cr. through its Real Estate Special Opportunities Fund-I (RESO-I) in Kumar Vibe Properties Pvt Ltd (KVPPL). KVPPL is a 50:50 joint venture between Kumar Properties and Infrastructure, led by Mr. Hitesh Jain, and Vibe Realty, led by Mr. Gopal Sarda.
The portfolio comprises a luxury residential project in Khar West(Mumbai), an…
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