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Golden Growth Fund wraps first real estate AIF at ₹101 crore

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…

IndustryLatest Stories

Golden Growth Fund Buys Land in Gulmohar Park, South Delhi

Representative AI image NEW DELHI: The Golden Growth Fund (GGF), a Category II real estate-focused alternative investment fund, has secured a land parcel in South Delhi’s Gulmohar Park for a residential project with an expected revenue potential of approximately ₹100 crore. The project will be constructed on a 500 sq yd site, offering a total built-up area of around 20,000 sq ft, which will include four independent floors. Grovy India will oversee the development. This marks the fund’s third acquisition in South Delhi since its inception in September 2024, following investments in Anand Niketan and Neeti Bagh. The acquisition aligns…