Golden Growth Fund (GGF), a category-II real estate-focused AIF, has acquired a 7,560 sq ft land parcel in Neeti Bagh, South Delhi.

The fund plans to develop four ultra-luxury apartments of 6,000 sq ft each, featuring private entrances and elevators. Targeted at HNIs and ultra-HNIs, the project is expected to generate ₹100 crore in revenue. According to CEO Ankur Jalan, GGF has already secured 25% of the required investment and aims to deliver an IRR of over 20%. Plot prices in Neeti Bagh average ₹12 lakh per sq yard. This acquisition follows their October 2024 purchase in Anand Niketan. GGF launched its ₹400 crore AIF in September 2024 to acquire land in South and Lutyens Delhi.