TREVOC Group has partnered with private equity firm Canonicus Capital to set up a ₹500 crore platform to complete stalled housing projects in the National Capital Region. The initiative focuses on near-completion residential and mixed-use developments that have been delayed due to funding and execution issues.
The platform is designed to provide last-mile capital along with strong execution support. Many stalled projects require more than funding alone. They need structured management, regulatory coordination, and timely construction to reach completion. This model aims to address those gaps.
Under the partnership, Canonicus Capital will provide institutional funding through structured investments. TREVOC Group will handle on-ground execution, including construction management, governance, and delivery oversight. The combined approach is expected to speed up project completion and enable timely handover to homebuyers.
In the first phase, the platform plans to deploy up to ₹125 crore. Based on progress and project availability, the total investment is expected to scale up to ₹500 crore over time. The focus will remain on projects that are structurally advanced and have clear potential for completion once financial and operational issues are resolved.
The NCR region has seen a large number of delayed housing projects over the past few years. Liquidity stress, rising costs, and weak execution have contributed to these delays. As a result, homebuyers have faced prolonged waiting periods, while developers have struggled to revive stuck assets.
Last-mile funding platforms have emerged as an effective solution in such cases. These platforms target partially completed projects rather than new developments. This reduces risk and allows faster delivery of homes already in demand.
Also Read: BDA Generates ₹2,097 Crore Through Konadasapura Commercial Land Auction
