Nisus Finance Invests Rs 900 Million in Pune Project

18 May 2026 CW Team

Nisus Finance Services Co Limited has invested Rs 900 million through its Real Estate Special Opportunities Fund-I (RESO-I) in Realnet Ventures Private Limited, a wholly owned subsidiary of Paranjape Schemes (Constructions) Limited.

The investment will support a residential apartment tower within Blue Ridge, a 150-acre developed township in Hinjewadi Phase 1, Pune. The township already includes 33 delivered residential towers, more than 6,000 families, three SEZs employing over 35,000 IT professionals, commercial spaces, a school and modern amenities such as a golf course, basketball court and tennis court.

The project is being developed on 1.09 acres of conveyed land and has a total saleable area of 402,000 sq ft. It will include 188 units across 3 BHK and 4 BHK configurations. The project has a gross development value of around Rs 3.70 billion and is expected to generate an operating surplus of about Rs 1.43 billion.

RESO-I is a Rs 17 billion SEBI-registered Alternative Investment Fund managed by Nisus BCD Advisors LLP. The fund focuses on structured credit in special situation real estate, targeting projects with established cashflows, strong asset cover and short exit timelines.

Nisus Finance said the investment reflects its continued confidence in Pune’s residential market and its strategy of partnering with established developers in high-growth micro-markets.

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