Nisus Finance Strengthens Pune Portfolio With Rs 900 mn Investment

18 May 2026 CW Team

Blue Ridge is a 150-acre township developed by Paranjape Schemes with thirty-three residential towers delivered to more than 6,000 families, three SEZs employing over 35,000 IT professionals and a range of commercial, educational and recreational facilities. Hinjewadi is one of Pune’s most established and high-demand residential micro-markets owing to proximity to IT hubs and robust social infrastructure. The micro-market continues to attract both first-time homebuyers and upgrade demand.

The project sits on one point zero nine acres of conveyed land and has a total saleable area of 0.402 million (0.402 mn) sq. ft. It comprises 188 units in three- and four-bedroom configurations with average areas of 1,300 and 1,700 sq. ft and has a gross development value of about Rs 3.7 billion (Rs 3.7 bn) with an expected operating surplus of around Rs 1.43 billion (Rs 1.43 bn).

The asset benefits from its location within an integrated township, improving approval visibility and providing steady end-user demand, which the company views as supportive of a disciplined, risk-adjusted return profile. The investment is structured to optimise capital protection while enabling participation in projects with disciplined underwriting and defined exit timelines.

RESO-I is a Rs 17 bn SEBI-registered AIF that targets projects with established cash flows, strong asset cover and short exit timelines to accelerate project execution and provide funding to credible developers. Nisus Finance said the transaction aligns with its strategy of partnering with established developers and investing in assets with strong cashflow visibility and downside protection. With this transaction Nisus Finance continues to strengthen its domestic real estate portfolio through selective investments in high-growth micro-markets.

Nisus Finance Services Co Limited has announced an investment of Rs 900 million (Rs 900 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 supports a residential tower within the Blue Ridge township in Hinjewadi phase one in Pune. Blue Ridge is a 150-acre township developed by Paranjape Schemes with thirty-three residential towers delivered to more than 6,000 families, three SEZs employing over 35,000 IT professionals and a range of commercial, educational and recreational facilities. Hinjewadi is one of Pune’s most established and high-demand residential micro-markets owing to proximity to IT hubs and robust social infrastructure. The micro-market continues to attract both first-time homebuyers and upgrade demand. The project sits on one point zero nine acres of conveyed land and has a total saleable area of 0.402 million (0.402 mn) sq. ft. It comprises 188 units in three- and four-bedroom configurations with average areas of 1,300 and 1,700 sq. ft and has a gross development value of about Rs 3.7 billion (Rs 3.7 bn) with an expected operating surplus of around Rs 1.43 billion (Rs 1.43 bn). The asset benefits from its location within an integrated township, improving approval visibility and providing steady end-user demand, which the company views as supportive of a disciplined, risk-adjusted return profile. The investment is structured to optimise capital protection while enabling participation in projects with disciplined underwriting and defined exit timelines. RESO-I is a Rs 17 bn SEBI-registered AIF that targets projects with established cash flows, strong asset cover and short exit timelines to accelerate project execution and provide funding to credible developers. Nisus Finance said the transaction aligns with its strategy of partnering with established developers and investing in assets with strong cashflow visibility and downside protection. With this transaction Nisus Finance continues to strengthen its domestic real estate portfolio through selective investments in high-growth micro-markets.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Real Estate

29 Jul 2026

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Equipment

29 Jul 2026

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..