Nisus Finance Invests Rs 900 Million in Hinjewadi Project

18 May 2026 CW Team

Hinjewadi is described as one of Pune’s most established and high demand residential micro?markets, benefiting from proximity to major IT hubs, robust social infrastructure and strong connectivity to the city. The township hosts three special economic zones employing 35,000 IT professionals and provides township level amenities including a nine pocket golf course, basketball and tennis courts. These elements have supported sustained end user demand for housing in the locality.

The project is a residential apartment tower on one point zero nine acres of conveyed land with a total saleable area of 0.402 million (mn) sq. ft. It comprises 188 units configured as three BHK units averaging 1,300 sq. ft. and four BHK units averaging 1,700 sq. ft. The project has a gross development value of approximately Rs 3.7 billion (bn) and is expected to generate an operating surplus of about Rs 1.43 billion (bn). The asset benefits from its integrated township location, improving approval visibility and steady demand from end users.

RESO?I, managed by Nisus BCD Advisors LLP, is a Rs 17 billion (bn) SEBI registered alternative investment fund focused on structured credit in special situation real estate. The fund targets projects with established cashflows, strong asset cover and short exit timelines to accelerate project execution and provide funding to credible developers. Nisus Finance indicated that the transaction aligns with its disciplined underwriting and risk management approach and reinforces its strategy to build a diversified portfolio of residential assets with stable cashflows and attractive risk adjusted returns.

Nisus Finance Services Co Limited has disclosed an investment of Rs 900 million (mn) through its Real Estate Special Opportunities Fund - I in Realnet Ventures Private Limited, a wholly owned subsidiary of Paranjape Schemes (Constructions) Limited. The investment relates to a residential project within Blue Ridge, a 150?acre township in Hinjewadi Phase one developed by Paranjape Schemes. The township already comprises 33 residential towers delivered to over six thousand families along with commercial and educational infrastructure. Hinjewadi is described as one of Pune’s most established and high demand residential micro?markets, benefiting from proximity to major IT hubs, robust social infrastructure and strong connectivity to the city. The township hosts three special economic zones employing 35,000 IT professionals and provides township level amenities including a nine pocket golf course, basketball and tennis courts. These elements have supported sustained end user demand for housing in the locality. The project is a residential apartment tower on one point zero nine acres of conveyed land with a total saleable area of 0.402 million (mn) sq. ft. It comprises 188 units configured as three BHK units averaging 1,300 sq. ft. and four BHK units averaging 1,700 sq. ft. The project has a gross development value of approximately Rs 3.7 billion (bn) and is expected to generate an operating surplus of about Rs 1.43 billion (bn). The asset benefits from its integrated township location, improving approval visibility and steady demand from end users. RESO?I, managed by Nisus BCD Advisors LLP, is a Rs 17 billion (bn) SEBI registered alternative investment fund focused on structured credit in special situation real estate. The fund targets projects with established cashflows, strong asset cover and short exit timelines to accelerate project execution and provide funding to credible developers. Nisus Finance indicated that the transaction aligns with its disciplined underwriting and risk management approach and reinforces its strategy to build a diversified portfolio of residential assets with stable cashflows and attractive risk adjusted returns.

Equipment

18 May 2026

L&T Dispatches 300 MT Vessel From Jubail Facility

L&T Heavy Engineering has dispatched a 300 MT vessel from its Heavy Wall Pressure Vessel facility in Jubail, Saudi Arabia. Measuring nearly 7 m in diameter and 40 m in length, the vessel is among the largest dispatched since the facility began vessel manufacturing in October 2024.Customer representatives visited the shop floor to recognise the L&T team’s efforts. The Jubail facility has secured Aramco 9COM approvals and supports key regional projects with end-to-end capabilities from design to dispatch.The facility is accredited with ASME U, U2, S, R and NB certifications, along with..

Building Material

18 May 2026

Choosing the Right Tiles for Every Space

Finding the right tiles for your home often starts with a simple search for nearby tile stores. However, choosing the right tiles involves more than just selecting a store. You need to evaluate the suitability of materials, finishes, and design to ensure long-term performance. Each decision influences how your space looks and functions over time. Whether you are planning a minor upgrade or a complete renovation, a thoughtful approach helps you create a space that feels both practical and visually balanced.When you explore tile stores, you should focus on clarity rather than variety alone. A st..

Real Estate

18 May 2026

RERA-Agent Base Grows 19% in India

India’s RERA-registered real estate agent base crossed 100,000 in 2025, reflecting steady growth and increasing formalisation in the country’s real estate brokerage sector, according to research by eXp Realty India.The research analysed data from the Ministry of Housing and Urban Affairs (MoHUA) on agents registered under the Real Estate (Regulation and Development) Act between 2018 and 2025. The findings show that registered real estate agents increased from 27,073 in 2018 to 105,712 in 2025.The agent base grew by 19.1 per cent in the latest period, highlighting the rising scale of India�..