 "real estate, realty, construction, sales, people, flats, buildings, concrete, vendors, developers, builders")
Mumbai-based Nisus Finance will launch a new fund of Rs 500 crore in the next three-four months for investing in stressed and incomplete projects and another fund of similar size with its partner Dalmia group that will invest in property projects.
The fund manager has already roped in an anchor investor that has committed Rs 100 crore for the stressed assets fund called Real Estate Performance Fund, said Amit Goenka, managing director (MD), Nisus Finance.
“There will be secondary buyouts from ARCs (asset reconstruction companies), NBFCs (non-banking financial companies) and so on,” Goenka said. He added that there
The fund manager has already roped in an anchor investor that has committed Rs 100 crore for the stressed assets fund called Real Estate Performance Fund, said Amit Goenka, managing director (MD), Nisus Finance.
“There will be secondary buyouts from ARCs (asset reconstruction companies), NBFCs (non-banking financial companies) and so on,” Goenka said. He added that there
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