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TREVOC Group has partnered with Canonicus Capital to launch a last-mile funding and execution platform of up to INR 500 crore for near-completion real estate projects in Delhi-NCR. While Canonicus Capital will provide structured institutional funding, TREVOC will handle execution, construction management, governance, and delivery timelines. The platform has already identified a pipeline of residential and mixed-use projects. An initial commitment of INR 125 crore has been made, with the platform expected to expand over the coming years amid ongoing efforts to resolve delayed developments in the region.
Real estate developer TREVOC Group has entered into a partnership with private equity firm Canonicus Capital to create a last-mile funding and execution platform of up to INR 500 crore for near-completion real estate projects in the Delhi-NCR region. The initiative is aimed at addressing stalled or delayed residential and mixed-use developments that are close to completion but require structured capital and execution support. Advertisement
Under the arrangement, NCR-based TREVOC Group will be responsible for on-ground execution, construction management, governance oversight, and adherence to delivery timelines. Canonicus Capital will support the platform by providing structured institutional funding, focused on projects that need final-stage capital infusion to reach completion.
The developer explained that near-completion projects often face challenges beyond funding, including weak execution systems and gaps in accountability. The platform has therefore been structured to combine disciplined capital deployment with a defined execution framework to ensure coordinated stakeholder management and predictable delivery outcomes.
The joint platform has already identified a pipeline of near-completion residential and mixed-use projects across Delhi-NCR. For the initial phase, Canonicus Capital has committed up to INR 125 crore. The total investment under the platform is expected to gradually scale up to INR 500 crore across the region over the next few years.
In recent years, Delhi-NCR has seen multiple housing projects delayed due to liquidity stress faced by developers, tighter lending norms, and prolonged construction cycles. Industry participants have increasingly turned to last-mile funding structures to revive such projects and ensure handover to homebuyers.
Source PTI
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