Business News

Driving the next phase of growth at Blue Ridge, Paranjape Schemes partners with Nisus Finance for an INR 90 crore investment.

Paranjape Schemes strengthens Blue Ridge township expansion with INR 90 crore investment from Nisus Finance

May 18, 2026

Pune (Maharashtra) [India], May 18: Paranjape Schemes (Construction) Ltd., a legacy developer known for pioneering new-age residential formats has announced a strategic investment partnership with Nisus Finance. Through its Real Estate Special Opportunities Fund-I (RESO-I), Nisus Finance will invest INR 90 crore in Realnet Ventures Private Limited towards the development of a premium residential tower at Paranjape Schemes' landmark Blue Ridge township in Hinjawadi Phase 1, Pune.

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