Strategic investment of Rs.15.00 crore in Hari Nagar, New Delhi commercial real estate project

Nimbus Projects has entered into a Strategic Investment Agreement dated October 07, 2026 with Sankalp Agencies Private Limited (SAPL) for a commercial real estate project at Plot No. 05, Community Centre, Hari Nagar, New Delhi.

Wed 7 Oct 2026

Investment Amount

Rs.15.00 crore

Payment Mode

in one or more tranches

Project Location

Plot No. 05, Community Centre, Hari Nagar, New Delhi

What was announced

Nimbus Projects Limited has entered into a Strategic Investment Agreement dated October 07, 2026 with Sankalp Agencies Private Limited (SAPL). Under the Agreement, NPL makes a strategic financial investment towards a commercial real estate development project being undertaken by SAPL at Plot No. 05, Community Centre, Hari Nagar, New Delhi.

Size and structure of the investment

• NPL shall make a strategic investment of Rs.15.00 crore, payable in one or more tranches, subject to the terms and conditions of the Agreement.
• The nature of consideration is cash.
• NPL does not hold any equity shares or other securities in SAPL pursuant to the Agreement, and the Agreement does not involve acquisition of any shares or securities of SAPL by NPL.
• The investment amount is to be utilised solely towards the development and completion of the Project and is not to be diverted for any other project or purpose.

The project

SAPL has acquired the right to develop the freehold commercial land situated at Plot No. 05, Community Centre, Hari Nagar, New Delhi, admeasuring approximately 6,252.60 sq. m. (67,303 sq. ft.), pursuant to a DDA e-auction. SAPL is responsible for obtaining and maintaining the necessary approvals, payment of the balance consideration and other dues relating to the land, development and completion of the project, and compliance with applicable laws.

Tenure and return

• The investment shall remain invested until obtaining of the Completion Certificate, subject to the early exit provisions contained in the Agreement.
• NPL shall be entitled to receive the investment amount together with a return thereon, with such return determined by reference to the overall return generated by the Project, in accordance with the terms of the Agreement.

Control and related-party aspects

• The Agreement does not result in any change in the management or control of NPL.
• No material restriction is imposed on the management or control of NPL under the Agreement.
• Details regarding any right to appoint directors or key managerial personnel: Not Applicable.
• The transaction does not fall within related party transactions.

Points a reader may weigh

The investment is a financial contribution into a project being developed by another entity, and the return to NPL is determined by reference to the overall return generated by the Project. The investment is stated to be made in the normal course of business and in accordance with terms approved by the competent authority of the Company.

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