Neo Alternative Asset Managers Invests ₹300 Crore in Atlantis at Narsingi: A Premium Residential Project

Hyderabad, April 2029: Neo Alternative Asset Managers, the asset management arm of Neo Group, has committed structured debt financing of ₹300 crore to VRise Developers for Atlantis at Narsingi, a large-scale premium residential development by The Vasavi Group in West Hyderabad.

Atlantis at Narsingi is a RERA-approved high-rise gated community comprising eight towers of 45 floors each, with 2,199 residences across 2 BHK, 3 BHK, 4 BHK, and Sky Villa configurations. The project is strategically located in Narsingi, close to Gachibowli and the Financial District, offering strong access to the Outer Ring Road, Kokapet SEZ, and major employment corridors that house leading global technology and corporate campuses.

The project is designed with a focus on scale, open spaces, and lifestyle infrastructure, featuring over 70% open spaces, landscaped greens, a lakefront setting, and more than 50 premium amenities. These features position Atlantis at Narsingi as one of West Hyderabad’s most significant premium residential developments.

Speaking on the development, senior leadership from VRise Developers said, “The commitment from Neo Alternative Asset Managers is a strong endorsement of Atlantis at Narsingi and the long-term strength of Hyderabad’s residential market. This funding will be directed towards accelerating construction, strengthening execution, and ensuring that homebuyers receive their homes at the earliest possible timeline. Atlantis is a commitment to every homebuyer who has placed trust in the project, and we are fully focused on delivering on that promise.”

With the funding in place, VRise Developers has mobilized additional construction resources, fast-tracked procurement, and aligned its project management teams to drive execution across the development. The company is working to maintain construction momentum while ensuring that quality, safety, and delivery standards remain central to the project.

A spokesperson from Neo Alternative Asset Managers said, “Hyderabad continues to show strong fundamentals across residential demand, infrastructure growth, and employment-led housing consumption. Atlantis at Narsingi brings together scale, location, and a clear delivery focus, making it a compelling investment opportunity. Our commitment reflects our conviction in the project, the developer’s execution intent, and the depth of Hyderabad’s real estate market.”

The investment further strengthens the long-term value proposition of Atlantis at Narsingi, reinforcing its position as one of West Hyderabad’s most coveted residential addresses. With institutional capital backing its scale, location, and premium development vision, Atlantis is poised to become a landmark community for homebuyers seeking both lifestyle value and strong future appreciation in one of Hyderabad’s most desirable growth corridors.

About Neo Wealth & Asset Management

Neo is a new-age, focused Wealth and Asset Management firm catering to HNIs, UHNIs, and multi-family offices, built on unbiased advisory, transparency, and cost-efficiency. It also serves global institutions like pension funds, insurance companies, endowments, and Sovereign Wealth Funds investing in India's long-term growth. Neo is backed by marquee global investors like Peak XV Partners, (MUFG), Japan's premier bank, and New York-based Euclidean Capital LLC. Recently, Neo announced a strategic investment from the TVS Group, marking a significant milestone in its growth journey and leading to its emergence as a Unicorn, underscoring strong investor confidence in its platform and long-term vision.

Neo Alternative Asset Managers (formerly Neo Asset Management)

Neo Alternative Asset Managers, the asset management arm of Neo Group, embarks on a journey through private markets, with a keen focus on Private Equity, Private Credit, Infrastructure & Real Estate, aiming to cultivate India's preferred Alternatives Asset Management platform. It embraces India's boundless potential in the alternatives space with unwavering conviction, carefully weaving its own yield curve across thoughtfully curated strategies. It is focused on providing bespoke capital solutions that nurture company growth while producing attractive, best-in-class, long-term superior risk-adjusted returns for investors. The team includes over 55 professionals, with over 35 investment specialists averaging two decades of experience.