Nisus Finance invests in Mumbai real estate project
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Dalmia Nisus Finance infuses Rs 60 cr in Shriram Properties projects
Dalmia Nisus Finance Investment Managers LLP, an alternative asset manager has infused Rs 60 crore in two projects managed by Shriram Properties, located in the micro-market of Bangalore's Sarjapur and Devanahalli via their Real Estate Credit Opportunities Fund- I (RECOF - I).
These investments have been done from the Rs 500-crore fund that mainly infuses into structured credit and mezzanine investments across India's residential space. Advisory Board of the Fund, Chairman Gaurav Dalmia, told the media that real estate structured capital remains an attractive asset class on a long-t..Dalmia Nisus invests in realty projects in Chennai, B’luru
Dalmia Nisus Finance had invested nearly Rs 80 crore in two real estate projects of Shriram Properties Limited and Puravankara Limited in Chennai and Bengaluru.
The company plans to invest Rs 125 crore in three more projects. Dalmia Nisus Finance Investment Managers Limited Liability Partner (LLP) has invested this Rs 125 crore from the company's Real Estate Credit Opportunities Fund - 1 (RECOF - 1).
The three investments are a part of RECOF - 1 of Rs 500 crore. It mostly invests..
DLF Launches Luxury Project in Gurugram
DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.
The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..
Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects
Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.
The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..