Nisus Finance Services has invested ₹70 crore through its ₹1,700-crore Real Estate Special Opportunities Fund I, a Sebi-registered Category II alternative investment fund (AIF) managed by Nisus BCD Advisors LLP, in three residential developments by Bengaluru-based Sumukha Housing Pvt Ltd.
The developments are located across key residential markets in Bengaluru and are aimed at meeting demand for mid-income and premium housing. Spread across established as well as emerging residential corridors, the projects benefit from strong connectivity, proximity to employment hubs and well-developed social infrastructure. Together, they have a gross development value (GDV) of around ₹300 crore.
Stable Demand
Sumukha Housing is a Bengaluru-based residential developer with over 7 lakh sq ft of delivered residential and commercial projects. The company has built a presence in the city’s housing market through low-rise residential communities catering to end-user demand across key micro-markets.
The RESO-I fund focuses on structured credit investments in special-situation real estate. It has completed nine investments across multiple geographies, targeting projects with established cash flows, strong asset cover and shorter exit timelines.
Commenting on the investment, Avadhoot Sarwate, CIO, Nisus Finance Services Co. Ltd., said, “Our ₹70 crore investment in these three residential projects reflects our continued conviction in Bengaluru’s residential real estate market, which continues to demonstrate strong underlying fundamentals with stable demand across well-connected micro-markets.”
Arjun Vasu, Promoter, Sumukha Housing Pvt Ltd., said, “This partnership with Nisus Finance provides us with strategic growth capital to scale execution across multiple projects while maintaining our delivery standards and customer focus.”
Published on July 2, 2026
