Nisus Finance and BCD Group Raise Rs 450 Crore for Debut Real Estate Fund
Nisus Finance and BCD Group have raised Rs 450 crore for their debut real estate fund, which will focus on affordable housing and construction finance.
Nisus FinanceBcd GroupReal Estate FundAffordable HousingConstruction FinanceReal Estate NewsSep 15, 2024
The fund will primarily invest in residential development projects across India, with a focus on affordable housing. The investment strategy will involve providing construction finance to developers, as well as investing in existing projects.
Nisus Finance and BCD Group have a strong track record in the real estate industry, with a combined experience of over 20 years. The two companies have worked together on various projects in the past and have a deep understanding of the Indian real estate market.
The fund's investment strategy is designed to provide investors with a stable and attractive return, while also contributing to the development of affordable housing in India. The fund's focus on construction finance will also help to address the liquidity crunch faced by developers in the country.
The raising of the fund is a significant milestone for Nisus Finance and BCD Group, and demonstrates the confidence of investors in the Indian real estate market. The fund is expected to play a key role in the development of affordable housing in India, and will contribute to the government's goal of providing housing for all by 2022.
About Nisus Finance
Nisus Finance is a leading financial services company that provides a range of services, including investment banking, private equity, and asset management. The company has a strong track record in the real estate industry and has worked on various projects across India.
About BCD Group
BCD Group is a leading real estate development company that has developed various projects across India. The company has a strong focus on affordable housing and has developed several projects in this segment.
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The raising of the fund is a significant milestone for Nisus Finance and BCD Group, and demonstrates the confidence of investors in the Indian real estate market. The fund is expected to play a key role in the development of affordable housing in India, and will contribute to the government's goal of providing housing for all by 2022.
The fund's investment strategy is designed to provide investors with a stable and attractive return, while also contributing to the development of affordable housing in India. The fund's focus on construction finance will also help to address the liquidity crunch faced by developers in the country.
Nisus Finance and BCD Group have a strong track record in the real estate industry, with a combined experience of over 20 years. The two companies have worked together on various projects in the past and have a deep understanding of the Indian real estate market.
The fund will primarily invest in residential development projects across India, with a focus on affordable housing. The investment strategy will involve providing construction finance to developers, as well as investing in existing projects.
Frequently Asked Questions
What is the amount raised by Nisus Finance and BCD Group for their debut real estate fund?
Rs 450 crore
What is the focus of the fund?
Affordable housing and construction finance
What is the investment strategy of the fund?
Providing construction finance to developers, as well as investing in existing projects
Who are the investors in the fund?
Various domestic and international investors
What is the expected return on investment for the fund?
A stable and attractive return
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