Nisus Finance Injects ₹1.15 Billion into Kumar Vibe Properties, Backs Pune’s Premium Residential Growth

Nisus Finance Services Co Ltd has announced a strategic investment of ₹1.15 billion in Kumar Vibe Properties, a premium residential development in Pune. The funding, structured through its Real Estate Credit Opportunities Fund, reflects Nisus’s continued focus on mid-income housing and high-yield urban projects.

 

Key Highlights:

 

The ₹1.15 billion infusion will be used to accelerate construction, refinance existing debt, and support sales and marketing efforts.

 

Kumar Vibe is a 2.5-acre residential project located in Hadapsar, Pune, offering 2 and 3 BHK units with modern amenities and connectivity to IT hubs.

 

Nisus structured the investment as listed non-convertible debentures (NCDs), ensuring regulatory transparency and tradability.

 

Operational Context:

 

The project is being developed by Kumar Properties, a reputed Pune-based developer with a track record of over 35,000 units delivered.

 

Nisus has previously backed Kumar’s other ventures, including Kumar Pratham and Kumar Prospera, with successful exits and IRRs exceeding 18 percent.

 

The fund manager cited strong demand in Pune’s eastern corridor and robust pre-sales velocity as key drivers for the deal.

 

Strategic Outlook:

 

The investment aligns with Nisus’s broader strategy to deploy ₹500 crore in structured credit across Tier-I and Tier-II cities by FY26.

 

Analysts expect Kumar Vibe to achieve full monetization within 24 months, supported by rising urban migration and affordability trends.

 

The deal reinforces Nisus’s position as a leading player in real estate credit, with assets under management crossing ₹1,000 crore.

 

Sources: Economic Times, Business Standard, Nisus Finance Corporate Filings (July 2025)