Nisus Finance invests in Mumbai real estate project
Real Estate

Nisus Finance invests in Mumbai real estate project

Nisus Finance said on August 8 that that is has invested Rs 60 crore in EON Group’s residential project EON ONE located in Mumbai's Prabhadevi. Nisus said in a statement that the project has nine podiums with ample car parking, a dedicated amenity floor and 24 habitable floors offering contemporary and efficiently designed, sea-facing 2 and 3 BHKs. It said that the investment is aimed at accelerating and quickly delivering the project.

The project has a land area of around 3043.5 sq m and a saleable area of around 1.5 lakh sq feet. The project is being redeveloped under section 33 (7) scheme. The existing 27 tenants would be provided accommodation in a rehab wing being developed by the group.

The group is expecting revenue of around Rs 400 crore from the project, which is targeted for completion by December 2025.

Also read:
10% price hike in the real estate projects across the country
Mumbai’s property registrations witnesses robust momentum in Feb


Nisus Finance said on August 8 that that is has invested Rs 60 crore in EON Group’s residential project EON ONE located in Mumbai's Prabhadevi. Nisus said in a statement that the project has nine podiums with ample car parking, a dedicated amenity floor and 24 habitable floors offering contemporary and efficiently designed, sea-facing 2 and 3 BHKs. It said that the investment is aimed at accelerating and quickly delivering the project. The project has a land area of around 3043.5 sq m and a saleable area of around 1.5 lakh sq feet. The project is being redeveloped under section 33 (7) scheme. The existing 27 tenants would be provided accommodation in a rehab wing being developed by the group. The group is expecting revenue of around Rs 400 crore from the project, which is targeted for completion by December 2025. Also read: 10% price hike in the real estate projects across the countryMumbai’s property registrations witnesses robust momentum in Feb

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?