Nisus Finance gets into Indian realty sector with funding for stressed projects


Nisus Finance is a noted real estate private equity fund and has forayed into the Indian real estate sector on the strength of the current market conditions. The organization is planning to raise a sum of Rs. 700 crore from its domestic investors. Out of this corpus, approximately Rs. 500 crore will be deployed for making investments in real estate assets which are stressed in the country over the next 3-4 years according to reports. Nisus Finance is a Rs. 350 crore behemoth specializing in asset management, financing solutions for residential developments, investment and advisory solutions for individual and institutional investors and so on.

The company has already zeroed in on real estate projects in cities like Noida, Mumbai, Pune and Bangalore. A whopping $20-30 billion worth of realty assets are presently in the stressed category. The organization views these assets as lucrative from a long-term perspective and these can enable it to garner handsome returns as well. As per the latest reports, three projects have been identified by Nisus Finance in Noida Extension which is one of the rapidly growing real estate markets in Noida. There are several key projects being built by top developers in this area like Gaur City 7th Avenue, Emenox La Solara, Mascot Patel Neotown and Mahagun Mywoods to name a few.

3 projects have also been chosen by Nisus Finance in key areas of Mumbai, namely Andheri, Dadar and Goregaon which are prime zones and will generate high returns in the near future. One project has been identified in Pune and Bangalore alike. Every project will receive an investment of roughly Rs. 30-50 crore from Nisus Finance. There will be investments made with real estate developers who have at least 1 lakh sq. ft. of development. This is because the organization feels that those who fulfil the criteria will be capable of increasing the same to 10 lakh sq. ft. over the next few years.