Neo Alternative Asset Managers, the asset management arm of Neo Group, has committed structured debt financing of INR 300-crore to VRise Developers for Atlantis at Narsingi, the large-scale premium residential development by The Vasavi Group in West Hyderabad. Atlantis at Narsingi is a RERA-approved high-rise gated community comprising eight towers of 45 floors each, with 2,199 residences across 2-BHK, 3-BHK, 4-BHK, and Sky Villa configurations.

Located in Narsingi, close to Gachibowli and the Financial District, the project offers strong access to the Outer Ring Road, Kokapet SEZ, and major employment corridors that house leading global technology and corporate campuses.

Speaking on the development, senior leadership from VRise Developers said, “This funding will be directed towards accelerating construction, strengthening execution, and ensuring that homebuyers receive their homes at the earliest possible timeline.”