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Nimbus group raises Rs 150 crore from Bajaj Finance to revive a stuck housing project in Noida
Nimbus Projects Limited secured Rupees 150 crore from Bajaj Finance. The funds will revive a stalled housing project in Noida. Nimbus needs Rupees 1,100 crore, covering construction, lender payments, and dues. The project, Sunworld Arista, gains approval under Uttar Pradesh policy. Nimbus will complete the project and deliver common areas.
cityfalcon.com·8mo ago
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Nimbus to pump in Rs 1,100 crore in stalled project, help unlock 600 registries
Noida: Real estate firm Nimbus Projects Ltd, appointed as a co-developer for the long-stalled Sunworld Arista project in Sector 168, announced an inve.
cityfalcon.com·8mo ago
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Realty developer Nimbus group reports Rs 278 crore sale in Q3FY25
Nimbus Projects Ltd reported a significant sales increase to Rs 278 crore in Q3FY25, an 868% rise from Q3 FY24, with collections up by 210%. Recognized by Noida authority for the Arista project, Nimbus is advancing luxury developments with an expected Rs 1,500 crore revenue. Chairman Bipin Agarwal emphasizes continued growth in upcoming quarters.
cityfalcon.com·1y ago
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