Nisus Finance makes investment worth Rs 90 crores in real estate project in Pune
Financial services provider and structured real estate credit fund manager Nisus Finance Services (NFS) has made an investment worth Rs 90 crores in the wholly owned subsidiary of Paranjape Schemes (Constructions) through its Real Estate Special Opportunities Fund-I (RESO-I).
The project involves the development of a residential tower being developed on 1.09 Acres of conveyed land with a total saleable area of 4.02 lakh sq ft. As per the Economic Times, this project is a part of the project Blue Ridge, a 150-acre developed township by Paranjape Schemes (Constructions) in Hinjewadi phase 1. It is a mixed-use township with 33 residential towers.
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