Nisus Finance Invests ₹115 Cr in Kumar Vibe Projects in Mumbai, Pune

Mumbai, July 22, 2025: Kumar Vibe Properties Pvt Ltd, a 50:50 joint venture between Kumar Properties and Infrastructure LLP, led by Hitesh Jain, and Vibe Realty Pvt Ltd, led by Gopal Sarda, has secured a significant investment from Nisus Finance. The investment of INR 115 crore will be allocated to three marquee projects, reinforcing their commitment to delivering premium living spaces while ensuring financial stability and scalability.

The three projects are strategically located at most sought-after real estate destinations, Khar West and Goregaon West (Mumbai) and NIBM (Pune). These developments cater to distinct segments, ultra-luxury residences priced at INR 7 crore and above at Khar west, premium luxury homes ranging from INR 3 crore to INR 4.25 crore at Goregaon West and aspirational homes available up to INR 1.25 crore at NIBM. Together, these projects boast a combined topline of INR 1,100-plus crore.

The infusion of capital from Nisus Finance will drive multiple aspects of their expansion and execution strategy. This ensures liquidity and capital adequacy for seamless project execution while accelerating construction timelines to deliver high-quality residences as promised. This also enables Kumar Vibe Group to explore new growth avenues while maintaining its commitment to excellence and strengthening its long-term goal of redefining urban living through innovation and premium developments.

“We are excited to welcome Nisus Finance as a strategic funding partner for the ongoing projects. This partnership is a testament to our strong fundamentals, clear vision and ability to execute high-value projects that redefine luxury and comfort,” said Sarda, founder and CEO, Vibe Realty Private Limited.

“With this funding, we are not just securing financial closure but also setting the stage for transformative developments that will shape the future of our positioning in these prominent markets.”

Avadhoot Sarwate, CIO, Nisus Finance Services, said, “At Nisus, we invest in developer groups with a strong professional set-up, an impressive project portfolio and a shared vision for growth.”

He added, “Our investment in Kumar-Vibe JV aligns with our investment philosophy because of its strategic project locations, execution excellence and dynamic leadership of Gopal Sarda. His proven track record in the real estate industry makes us confident about this collaboration, and we look forward to building a long-term relationship that drives success for both the organisations.”

With this investment, Nisus Finance and Kumar Vibe Group embark on a journey of collective success, strengthening Mumbai and Pune’s real estate landscape while creating unparalleled value for homebuyers and investors.