Canonicus Capital and Trevoc have announced the launch of a real estate platform to revive stalled residential and commercial projects across India. The platform will be backed by Rs five billion (Rs 5 bn) of capital committed by the partners and aims to acquire, complete and monetise projects that have faced funding or execution challenges. The initiative is intended to provide structured capital solutions and expedite delivery for homebuyers and investors. It will target projects where resolution can unlock value without resorting to lengthy legal proceedings. The partners will deploy a combination of equity, structured debt and asset management capabilities to rehabilitate assets and oversee project completion. The vehicle will adopt formal governance and appointment of independent advisors to manage timelines, contractors and compliance with regulatory norms. Emphasis will be placed on transparent reporting to stakeholders and prioritising delivery milestones to restore buyer confidence. The platform will also explore secondary sales and selective joint ventures to accelerate exits. Market participants said the platform addresses a persistent challenge in the sector where funding gaps stall development and erode trust. The partners expect the approach to improve recovery rates for creditors and enhance return prospects for investors while reducing project completion timeframes. The strategy will seek pragmatic solutions rather than wholesale reconstruction of assets and will focus on projects with clear market demand. Risk mitigation will include rigorous due diligence and staged capital deployment tied to performance triggers. The launch comes as stakeholders seek scalable models to resolve stressed projects and bring inventory back to market. Successful execution will depend on timely approvals, contractor performance and market absorption of completed units. The partners signalled a commitment to engage with regulators, lenders and buyer groups to ensure orderly resolution. The platform is expected to begin operations in the near term and to commence project interventions shortly thereafter.