Announced Wed, 7 Oct, 2026 · 17:11 IST
Nimbus Projects to invest Rs 15 cr in Delhi real estate project
NIMBSPROJ · price
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AI summary
Nimbus Projects has signed a Strategic Investment Agreement with Sankalp Agencies to invest Rs 15 crore in a commercial real estate project at Hari Nagar, New Delhi. The project covers about 67,303 sq ft of freehold land acquired by SAPL through DDA e-auction. NPL will get returns linked to project performance. No change in management or control. Not a related party transaction.
Likely market impact
Deploys Rs 15 cr into a Delhi real estate project via Sankalp Agencies. Returns linked to project performance. No management change.