The project, Treasure Hills, is being developed in Madhya Pradesh’s Indore and the investment has been made through the Rs 500 crore fund that primarily invests into structured credit and mezzanine investments across the residential space in India.
Real estate developer Treasure Group has received a Rs 25 crore ($3.3m) investment for a project called Treasure Hills in India, from alternative asset manager Dalmia Nisus Finance Investment Managers. Treasure Hills is being developed on 20 acres in Madhya Pradesh s Indore, and has a total sale potential of 4 lakh sq ft.
Mumbai-based asset manager Dalmia Nisus Finance, a joint venture between Nisus Finance and the Gaurav Dalmia Group, which is managing Real Estate Credit Opportunities Fund ..
StepStone Group, a global private markets investment firm, announced the final closing of StepStone Credit Opportunities Fund I (SCOF I), raising over $600 million of commitments.