NEW DELHI: TREVOC Group has partnered with Canonicus Capital to launch a ₹500-crore funding and execution platform aimed at completing near-completion residential projects across the National Capital Region (NCR).
The platform will initially deploy up to ₹125 crore, committed by Canonicus Capital in the first phase, with plans to scale the corpus to ₹500 crore over the next few years, depending on project pipeline and deployment requirements.
The initiative will focus on projects facing last-mile funding gaps and execution-related delays, a segment that continues to weigh on NCR’s residential market despite improved demand conditions in recent years.
Under the arrangement, TREVOC Group will handle project execution, including construction management, governance and delivery oversight, while Canonicus Capital will provide structured institutional funding. The objective is to enable faster completion and handover of projects that are substantially built but constrained by liquidity or operational challenges.
Gurpal Chawla, founder, TREVOC Group, said the platform is designed to combine capital support with execution discipline to address delivery risks associated with near-completion projects.
