NEW DELHI: Kumar Vibe Properties, a 50:50 joint venture between Kumar Properties & Infrastructure LLP and Vibe Realty, has successfully secured an investment of ₹115 crore from Nisus Finance, marking a key milestone in its growth.
The funds will be directed toward three projects in Khar West and Goregaon West in Mumbai, as well as NIBM in Pune.
The residences are expected to be priced at ₹7 crore and above in Khar West, ₹3 crore to ₹4.25 crore in Goregaon West, and up to ₹1.25 crore in NIBM Pune.
Collectively, these ventures will generate a total topline exceeding ₹1,100 crore.