Investment14 May 2026, 07:01 pm
Nisus Finance Invests ₹90 Cr in Hinjewadi Project
AI Summary
Nisus Finance Services Co Ltd has invested ₹90 crore in Realnet Ventures Private Limited, a subsidiary of Paranjape Schemes (Constructions) Limited, through its Real Estate Special Opportunities Fund-I (RESO-I). The investment supports a residential apartment tower project within the 'Blue Ridge' township in Hinjewadi, Pune. The project, with a GDV of approximately ₹370 crore and an expected operating surplus of ₹143 crore, includes 188 units of 3 and 4 BHK apartments. Nisus Finance highlights the project's prime location, integrated township benefits, and strong end-user demand as key factors for the investment.
Key Highlights
- Nisus Finance invests ₹90 crore in Hinjewadi's Realnet Ventures through RESO-I fund.
- The investment targets a residential project within Paranjape's 'Blue Ridge' township.
- The project has a GDV of ~₹370 Crs and an expected operating surplus of ~₹143 Crs.
- Hinjewadi's strong residential demand and IT hub proximity drive the investment decision.
- RESO-I focuses on projects with established cashflows and strong asset cover.