NEW DELHI: The Golden Growth Fund has announced the successful closing of its first real estate-focused Alternative Investment Fund (AIF) with assets totaling ₹101 crore.
This category-II AIF targets real estate projects in South Delhi. Launched in September 2024, it reported a net asset value (NAV) of 160.9 as of March 2026, reflecting a 61% growth since inception. The fund has achieved an annualized internal rate of return of 47% since its launch.
The fund has made investments in three locations within South Delhi: Anand Niketan, Neeti Bagh, and Gulmohar Park.
The Anand Niketan project is approximately 80% complete and is anticipated to be delivered in the third quarter of FY27. The Neeti Bagh project stands at 20% completion with a projected delivery in the third quarter of FY28. Meanwhile, the Gulmohar Park project has recently been acquired and is currently under construction.
Grovy India serves as the development partner for all three projects.
