PE-RE Fund Investments
Golden Growth Fund acquires plot in South Delhi’s Gulmohar Park
Golden Growth Fund (GGF), a PE-RE funding focused on South Delhi, has acquired a plot in Gulmohar Park. Grovy India Ltd, a listed real estate developer, will develop the project. The fund plans to develop ultra-luxury independent floors on this land parcel, projecting an estimated revenue potential of INR 100 crore. The project is situated on a 500 sq. yd. corner plot, with a total built-up area of approximately 20,000 sq. ft., utilizing an FAR of 2.25, and will include parking spaces. It will feature four exclusive luxury residences, one on each floor, each spanning approximately 3,500 sq. ft.This acquisition represents the GGF's third in South Delhi since its launch in September 2024, following previous investments in Anand Niketan and Neeti Bagh.
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