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Dalmia Nisus Finance Investment Managers LLP, a prominent alternative asset manager, has made a significant investment of over Rs 25 crore in the esteemed plotted development project known as Treasure Hills. This visionary endeavour is spearheaded by the renowned realty developer, Treasure Group. The investment has been made through their esteemed Real Estate Credit Opportunities Fund - I (RECOF-I), a fund dedicated to structured credit and mezzanine investments within India's thriving residential space.
Treasure Hills, situated in the vibrant city of Indore, Madhya Pradesh, spans an expansive 20 acres of prime land. The project offers a diverse range of meticulously crafted plots, with a combined area of 4 lakh sq. ft, ranging from 800 sq. ft to 1,200 sq. ft. This meticulous attention to detail ensures that each plot offers an optimal balance of space and exclusivity.
Amit Goenka, the distinguished MD & CEO of Nisus Finance, expressed immense enthusiasm for expanding their investment horizons to include tier II cities and non-metropolitan areas. These emerging regions hold tremendous promise, offering unparalleled opportunities for remarkable growth and extraordinary returns. The Treasure Group, with its remarkable track record of developing around 30 million sq. ft of residential and commercial projects, stands as a beacon of excellence among Central India's esteemed property developers.
Vinayak Kalani, the esteemed CEO of Treasure Group, firmly believes that this strategic investment will expedite project progression and unlock substantial value for all stakeholders involved. The city of Indore, characterized by its rapid metamorphosis into a bustling metropolitan centre, showcases the remarkable potential for Alternative Investment Funds (AIF). With a surge in demand and a high per capita GDP growth rate, Indore becomes an attractive destination for AIF funds seeking lucrative investment avenues.
Dalmia Nisus Finance Investment Managers LLP, a joint venture fund between Nisus Finance, led by the illustrious industry veteran Amit Goenka, and the esteemed Dalmia Group, spearheaded by Gaurav Dalmia, represents a powerful alliance that brings together expertise and vision. Treasure Group's remarkable portfolio comprises successful residential townships, key commercial assets, and coveted retail properties that have adorned various micro markets within Indore, covering an extensive area of nearly 550 acres.
Nisus Finance Group, recognized for its active participation in the market, expertly manages a diverse range of Alternative Investment Funds (AIF). Their esteemed RECOF - I, a registered AIF Category - II fund under SEBI, operates with an unwavering focus on achieving superior, consistent, and risk-adjusted returns. With a strategic approach centered around medium-term structured investments within the mid-income, affordable housing, and plotted development segments, Nisus Finance Group continues to shape the future of real estate investment with unwavering dedication and exceptional acumen.
This story was earlier published in ET Realty
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