Neo commits Rs 3 Billion to VRise Developers
Real Estate

Neo commits Rs 3 Billion to VRise Developers

Neo Alternative Asset Managers, the asset management arm of Neo Group, has committed structured debt financing of Rs 3 billion to VRise Developers for Atlantis at Narsingi, a large-scale premium residential development by The Vasavi Group in West Hyderabad.
Atlantis at Narsingi is a RERA-approved high-rise gated community comprising eight towers of 45 floors each. The project includes 2,199 residences across 2 BHK, 3 BHK, 4 BHK and Sky Villa configurations. Located in Narsingi, close to Gachibowli and the Financial District, the project offers access to the Outer Ring Road, Kokapet SEZ and major employment corridors housing global technology and corporate campuses.
The development has been planned around scale, open spaces and lifestyle infrastructure, with over 70 per cent open space, landscaped greens, a lakefront setting and more than 50 premium amenities. These features position Atlantis at Narsingi as a significant premium residential project in West Hyderabad.
Senior leadership from VRise Developers said the commitment from Neo Alternative Asset Managers endorses Atlantis at Narsingi and the long-term strength of Hyderabad’s residential market. The funding will be used to accelerate construction, strengthen execution and ensure timely delivery to homebuyers.
With the funding in place, VRise Developers has mobilised additional construction resources, fast-tracked procurement and aligned project management teams to drive execution across the development, while maintaining quality, safety and delivery standards.
Neo Alternative Asset Managers said Hyderabad continues to show strong fundamentals across residential demand, infrastructure growth and employment-led housing consumption. The investment further strengthens the long-term value proposition of Atlantis at Narsingi, reinforcing its position as a premium residential address in one of Hyderabad’s key growth corridors.

Neo Alternative Asset Managers, the asset management arm of Neo Group, has committed structured debt financing of Rs 3 billion to VRise Developers for Atlantis at Narsingi, a large-scale premium residential development by The Vasavi Group in West Hyderabad.Atlantis at Narsingi is a RERA-approved high-rise gated community comprising eight towers of 45 floors each. The project includes 2,199 residences across 2 BHK, 3 BHK, 4 BHK and Sky Villa configurations. Located in Narsingi, close to Gachibowli and the Financial District, the project offers access to the Outer Ring Road, Kokapet SEZ and major employment corridors housing global technology and corporate campuses.The development has been planned around scale, open spaces and lifestyle infrastructure, with over 70 per cent open space, landscaped greens, a lakefront setting and more than 50 premium amenities. These features position Atlantis at Narsingi as a significant premium residential project in West Hyderabad.Senior leadership from VRise Developers said the commitment from Neo Alternative Asset Managers endorses Atlantis at Narsingi and the long-term strength of Hyderabad’s residential market. The funding will be used to accelerate construction, strengthen execution and ensure timely delivery to homebuyers.With the funding in place, VRise Developers has mobilised additional construction resources, fast-tracked procurement and aligned project management teams to drive execution across the development, while maintaining quality, safety and delivery standards.Neo Alternative Asset Managers said Hyderabad continues to show strong fundamentals across residential demand, infrastructure growth and employment-led housing consumption. The investment further strengthens the long-term value proposition of Atlantis at Narsingi, reinforcing its position as a premium residential address in one of Hyderabad’s key growth corridors.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code