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 ₹115 crore investment from Nisus Finance. This marks a major milestone in the JV’s growth, strengthening its financial foundation and supporting the development of three premium residential projects.
The investment will be deployed across key projects in Khar West and Goregaon West in Mumbai, and NIBM in Pune. These developments target diverse homebuyer segments—from ultra-luxury residences priced at ₹7 crore and above in Khar West, premium homes ranging from ₹3 crore to ₹4.25 crore in Goregaon West, to aspirational housing options under ₹1.25 crore in Pune.
Together, the projects have a combined revenue potential of over ₹1,100 crore, reinforcing the JV’s position in redefining urban living across India’s top real estate markets.
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.
Gopal Sarda, Founder & CEO, Vibe Realty Private Limited, “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. 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.”
