Golden Growth Fund Acquires South Delhi Land, Targets Rs 1 Bn Revenue

15 Apr 2025 CW Team

In September 2024, GGF launched its real estate-focused AIF, with plans to raise Rs 4 billion to acquire land in South and Lutyens Delhi. This marks GGF as a pioneer in investing in this lucrative market. The fund made its first acquisition in Anand Niketan in October 2024, and now, with the Neeti Bagh project, GGF aims to further expand its presence in the upscale residential space.

The land in Neeti Bagh spans approximately 7,560 square feet and will feature four ultra-luxury residences. The properties will be designed in a basement plus elevated ground and four-story configuration, with each apartment covering around 6,000 square feet. The residences will offer private swimming pools, steam and sauna rooms, jacuzzis, landscaped areas, designer fittings, and premium Italian flooring, catering to the high-end living market.

South Delhi is home to 18,500 privately owned residential plots, with an estimated market value of Rs 5.65 trillion. The region is classified into different categories, with plot prices in Neeti Bagh averaging around Rs 1.2 million per square yard. The demand for luxury homes in this area is driven by a growing need for high-end amenities, an increasing number of nuclear families, and the desire for upscale living among affluent individuals, including professionals and NRIs.

News source: Business Standard

Golden Growth Fund (GGF), a Category-II Alternative Investment Fund (AIF) focused on real estate, has acquired a prime land parcel in the Neeti Bagh area of South Delhi. The acquisition is part of GGF’s strategy to develop luxury boutique residences targeting high-net-worth and ultra-high-net-worth individuals (HNIs/UHNIs), with an estimated revenue of Rs 1 billion from the project. In September 2024, GGF launched its real estate-focused AIF, with plans to raise Rs 4 billion to acquire land in South and Lutyens Delhi. This marks GGF as a pioneer in investing in this lucrative market. The fund made its first acquisition in Anand Niketan in October 2024, and now, with the Neeti Bagh project, GGF aims to further expand its presence in the upscale residential space. The land in Neeti Bagh spans approximately 7,560 square feet and will feature four ultra-luxury residences. The properties will be designed in a basement plus elevated ground and four-story configuration, with each apartment covering around 6,000 square feet. The residences will offer private swimming pools, steam and sauna rooms, jacuzzis, landscaped areas, designer fittings, and premium Italian flooring, catering to the high-end living market. South Delhi is home to 18,500 privately owned residential plots, with an estimated market value of Rs 5.65 trillion. The region is classified into different categories, with plot prices in Neeti Bagh averaging around Rs 1.2 million per square yard. The demand for luxury homes in this area is driven by a growing need for high-end amenities, an increasing number of nuclear families, and the desire for upscale living among affluent individuals, including professionals and NRIs. News source: Business Standard

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Real Estate

30 Oct 2025

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

Infrastructure Urban

30 Oct 2025

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..