Tag: Bengaluru residential projects

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Nisus Finance invests ₹70 crore in three Bengaluru projects

NEW DELHI: Nisus Finance Services Co has allocated ₹70 crore across three residential projects in Bengaluru via its Real Estate Special Opportunities Fund I. The ₹1,700 crore fund is a SEBI-registered Category-II alternative investment fund managed by Nisus BCD Advisors LLP. The projects, developed by Sumukha Housing, a Bengaluru-based residential developer headed by Arjun Vasu and Varun Vasu, have a collective gross development value of approximately ₹300 crore. Sumukha Housing has successfully delivered over seven lakh sq ft of residential and commercial properties, focusing on low-rise residential communities throughout Bengaluru’s micro-markets. The RESO-I fund emphasizes structured credit in special-situation real…

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Sumadhura Group invests ₹1,000 crore in 6 Bengaluru projects

NEW DELHI: Sumadhura Group has invested ₹1,000 crore to develop six residential projects across East and North Bengaluru by FY26. Madhusudhan G, the company’s Chairman and Managing Director, stated: “Bengaluru’s residential market remains strong due to rising demand in key growth areas and an increasing preference for luxury living.” The residential developments encompass Folium by Sumadhura- Phase 4 in Whitefield, Sumadhura Edition at Panathur, Sumadhura Solace on Marathahalli Main Road, Thubarahalli, Solea by Sumadhura in Rachenahalli, and Sumadhura Panorama Phase 2 at Devanahalli in North Bengaluru. These projects have a combined revenue potential of ₹10,000 crore and over eight million…