Nisus Finance Invests € 115 Cr. in Urban Redevelopment & Housing Projects Across Mumbai & Pune

Nisus Finance Services Co Limited, a leading structured real estate credit fund manager, has announced an investment of € 115 Cr. through its Real Estate Special Opportunities Fund-I (RESO-I) in Kumar Vibe Properties Pvt Ltd (KVPPL). The portfolio comprises a luxury residential project in Khar West (Mumbai), an upscale mixed-use project in Goregaon West (Mumbai), and a premium housing project in NIBM (Pune). The collective topline for the three projects is over = 1100 Cr. The Mumbai projects together have a development potential of ~1.6 lakh square feet of carpet area, and a revenue potential of ~ = 400 cr. The NIBM (Pune) project is spread across 8 acres, and offers ~ 7.5 lac square feet of carpet area, featuring over 750 residential units and an expected sales value exceeding ~ = 700 cr. This investment underscores RESO-I’s strategic focus on urban redevelopment-driven housing that ensures downside protection, unlocks value, and enables faster execution.