Nisus Finance Services has announced plans to raise up to ₹4,000 crore through a real assets investment platform targeting yield-generating opportunities across India's real estate sector. According to reports from Business Standard, the platform aims to attract capital from domestic investors as well as institutional investors, family offices and ultra-high-net-worth individuals from the UAE. The fundraising is expected to be completed over the next 18-24 months, with a first close targeted around September-October 2026. As reported by Nisus Finance on Thursday, the launch comes amid a significant expansion in India's land-led and redevelopment opportunity set.
The platform will comprise multiple investment vehicles and co-investment structures, including the Nisus Yield and Asset Multiplier Fund (NiYAM), a Category II alternative investment fund focused on structured credit-plus-equity enhancement opportunities across plotted developments, land aggregation, redevelopment projects, special situations and other asset-backed real estate transactions. As reported by Business Standard, the overall structure includes an ₹2,500-crore India offering with an ₹1,800-crore base and ₹700-crore greenshoe option, alongside a $140 million GIFT City structure with a $70 million base and $70 million greenshoe option. Approximately 30-40% of the corpus is expected to come from UAE-based investors.
According to Nisus Finance, NiYAM plans to deploy capital across approximately 30-35 transactions with ticket sizes ranging from ₹100 crore to ₹150 crore. The key markets include the Mumbai Metropolitan Region (MMR), Bengaluru, Mysuru, Hyderabad, Chennai, Ahmedabad, Vadodara and Gurugram. The strategy will focus on four core themes — plotted development, land consolidation, redevelopment and special situations — where conventional lenders remain constrained in funding land acquisition, approvals and other early-stage project requirements. As noted by Nisus Finance, with external financing needs accounting for more than half of the construction capital requirements for recently acquired land parcels alone, NiYAM has been designed to provide structured capital where conventional financing remains constrained.
As reported by Business Standard, Amit Goenka, founder and chairperson of Nisus Finance, noted that developers acquired land worth nearly ₹55,000 crore in 2025 alone, while Mumbai's redevelopment opportunity is estimated at around ₹4 trillion. NiYAM, with a target corpus of ₹1,800 crore and return expectations of 24-28%, marks the evolution of the company's strategy towards opportunities that combine structured credit with equity-linked upside. According to Nisus Finance, India's next real estate cycle is increasingly being driven by land monetisation, redevelopment, plotted developments and infrastructure-led assets such as warehousing and data centres. The platform will maintain strict allocation parameters with no single investment theme accounting for more than 50% of the portfolio, no single city exceeding 20% and no single counterparty exposure exceeding 20%.
