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Thane: Dalmia Nisus Finance exits from Puranik Builders' two projects in Thane

Dalmia Nisus Finance Investment Managers has exited its investment of INR 125 crore in two residential projects of Puranik Builders. The investment was made through its Real Estate Credit Opportunities Fund-I and the exit was achieved within nine months, with a return of over 25% IRR. ....

Anand Nagar , Uttar Pradesh , Amit Goenka , Gaurav Dalmia , Dalmia Group , Nisus Finance Group , Dalmia Nisus Finance Investment Managers , Real Estate Credit Opportunities Fund I , Rumah Bali , Tokyo Bay , Ghodbunder Road , Mumbai Metropolitan Region , Finance Group , Dalmia Nisus Finance , Puranik Builders ,

Nisus Finance, Phoenix ARC invest nearly Rs 100 cr in Ahmedabad commercial project

Nisus Finance Group and Phoenix ARC have invested approximately Rs 100 crore in a commercial project called Swaminarayan Business Park in Ahmedabad. The investment will allow them to take over the project and exit the loans of the previous lender, DHFL. Nisus Finance invested through its Real Estate Special Opportunities Fund -1, while Phoenix ARC is the asset reconstruction arm of Kotak Mahindra Group. This joint investment marks the first collaboration between Nisus BCD and Phoenix ARC. The project is nearly 80% complete and has already been leased to prominent brands. ....

Madhya Pradesh , Tamil Nadu , United States , Andhra Pradesh , Amit Goenka , Umang Thakkar , Kotak Mahindra Group , Dharmadev Group , Nisus Finance Group , Real Estate Special Opportunities Fund , Nisus Finance , Swaminarayan Business Park , Piramal Capital , Mumbai Metropolitan Region , Business Park , Chairman Umang Thakkar , Finance Group , Phoenix Arc , Piramal Capital Amp Housing Finance ,