Build Nivesh LLP, formerly Labdhi Nivesh LLP, has successfully closed its first real estate AIF with a total corpus of Rs. 40 crore, reflecting strong investor interest by fully exercising its green-shoe option. The fund will be part of BUILD Capital, focusing on real estate investments in the Mumbai Metropolitan Region (MMR). Plans include partnering with Labdhi Lifestyle Limited to invest in four to five projects through significant minority stakes. This fundraising enhances the BUILD platform’s offerings in MMR’s real estate finance sector, meeting the growing demand for alternative funding sources as developers seek diversified investment opportunities.