• SENSEX 82,188.99
    746.95 (+0.92%)
  • BANKNIFTY 56,578.40
    817.55 (+1.47%)
Back

Corporate News

Nisus exits investment in self-redevelopment housing project in Mumbai
11-Feb-2025, 09:34

Nisus Finance Services Co has successfully exited its investment in a self-redevelopment housing project in Mumbai, delivering an impressive Internal Rate of Return (IRR) of approximately 21%. Nisus Finance had strategically invested Rs 22 crore in one of Mumbai's self-redevelopment projects located in Pestom Sagar, Ghatkopar. Trilogy Developers acted as the Development Manager for the project.

Commenting on the development Amit Anil Goenka, Chairman & Managing Director, of Nisus Finance Services Co said: 'We are pleased with the outcome of our investment in this self-redevelopment project. This exit reinforces our expertise in identifying and supporting high-potential real estate ventures while generating strong returns. The self-redevelopment model is gaining momentum in Mumbai, and we look forward to further opportunities in this space'

Powered by Capital Market - Live News