Nisus Finance Invests Rs 90 Crore in Hinjewadi Project

18 May 2026 CW Team

Nisus Finance Services Co Limited announced an investment of Rs 90 crore (Rs 900 million, Rs 900 mn) through its Real Estate Special Opportunities Fund-I, known as RESO-I, in Realnet Ventures Private Limited, a wholly owned subsidiary of Paranjape Schemes (Constructions) Limited. The transaction forms part of the Blue Ridge township in Hinjewadi phase one and is positioned within a developed mixed-use enclave that underpins the financing rationale.

Blue Ridge spans 150 acres and comprises residential, commercial and institutional components, with 33 residential towers already delivered to more than 6,000 families. The township includes three special economic zones employing in excess of 35,000 IT professionals, schools, commercial establishments and township-level amenities such as a nine pocket golf course, basketball and tennis courts, which support sustained end-user demand in the micro-market.

The project is a residential apartment tower on 1.09 acres of conveyed land with a total saleable area of 0.402 million sq. ft. (0.402 mn sq. ft.). It comprises 188 units configured as three BHK units with an average area of 1,300 sq. ft. and four BHK units with an average area of 1,700 sq. ft. The project has a gross development value of about Rs 370 crore (Rs 3.7 billion, Rs 3.7 bn) and is expected to generate an operating surplus of approximately Rs 143 crore (Rs 1.43 billion, Rs 1.43 bn).

The investment was described by the manager as aligned with a disciplined, risk adjusted strategy that benefits from strong approval visibility, integrated infrastructure and steady end-user demand in Pune. RESO-I, managed by Nisus BCD Advisors LLP, is a Rs 1,700 crore (Rs 17 billion, Rs 17 bn) SEBI-registered alternative investment fund focused on structured credit for special situation real estate. Nisus Finance said the transaction supports selective portfolio building in high growth micro-markets and seeks to optimise capital protection while enabling project delivery.

Real Estate

20 May 2026

WSB Invests in Omaxe for Tier II Expansion

WSB Partners, a real estate-focused investment firm, has invested Rs 750 million in Omaxe Group to support residential plotted developments in Ujjain and Indore.The investment marks WSB’s entry into Tier II markets and reflects growing institutional interest in emerging cities supported by infrastructure growth, improving affordability and rising housing demand.According to the companies, the funding will be deployed primarily as growth capital, with a portion allocated towards working capital and reserves. The investment has been undertaken alongside affiliates of WSB Partners and co-invest..

RAHSTA Awards 2026 Opens for India’s Leading Road Developers

RAHSTA (Roads and Highways Sustainable Technologies & Advancement), Asia’s leading road infrastructure platform, has officially opened nominations for the RAHSTA Awards 2026 under the Road Developers category. The awards will honour companies and organisations that are shaping India’s highway infrastructure landscape through innovation, sustainability, quality execution and efficient asset management.Scheduled alongside RAHSTA 2026 on July 8–9, 2026 at the Jio World Convention Centre, Mumbai, the awards have emerged as one of the most respected recognitions for the roads and highways..

Railways To Sell 10 per cent In PSUs To Raise Rs Two Point Six Two tn

The railway ministry has outlined a plan to sell up to 10 per cent stakes in several public sector undertakings as part of a broader asset monetisation drive. The move is designed to unlock value and generate funds for capital expenditure and network modernisation. The programme targets private participation through offer for sale and minority stake divestments across operating and finance entities. The initiative follows previous asset recycling efforts and seeks to capture market interest for strategic holdings. The target for the exercise is Rs two point six two trillion (tn) to be realised..