Build Nivesh LLP has successfully raised Rs 40 crore in its inaugural real estate alternate investment fund (AIF) in New Delhi. The company announced the fund’s final closure, highlighting strong investor interest that led to full exercise of the green-shoe option. The total investible corpus stands at Rs 80 crore, including additional commitments. The fund aims to invest in real estate projects within the Mumbai Metropolitan Region (MMR), partnering with Labdhi Lifestyle Limited to target four to five specific projects, focusing on acquiring significant minority stakes in these developments.