SGRE Fund Injects Rs 125 Crore into Delhi-NCR Real Estate Revitalization

SGRE Fund, an Alternative Investment Fund focusing on real estate, has committed Rs 125 crore to rescue two distressed housing projects in Delhi-NCR. The fund aims to support struggling real estate companies by providing necessary financing for the completion of residential and commercial projects in the region.

Devdiscourse News Desk | New Delhi | Updated: 12-05-2025 16:38 IST | Created: 12-05-2025 16:38 IST

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The SGRE Fund, an alternative investment vehicle focusing on real estate, has injected Rs 125 crore into two distressed housing projects in the Delhi-NCR region. This strategic move is part of their broader plan to finance troubled real estate ventures, enabling their successful completion.

Operating under Category II of the Securities and Exchange Board of India (Sebi), the SGRE Fund offers a lifeline to real estate companies facing challenges in securing funding. By thoroughly vetting potential projects for economic viability and legal compliance, they ensure only sound investments are pursued.

Promoted by Suresh Garg of Nirala World and Sanjay Gupta of Sea Fund, the SGRE Fund is on the cusp of applying for a second scheme worth up to Rs 500 crore, highlighting their commitment to the sector's revitalization and growth.

(With inputs from agencies.)