India, Dec. 15 -- Golden Growth Fund (GGF), a Category II real estate focussed Alternative Investment Fund (AIF), said on December 15 it closed the second round of fundraising and deployed Rs.58 crore to acquire two projects in Anand Niketan and Niti Bagh in south Delhi, with an estimated sales potential of Rs.85 crore.

The fund, designed for South Delhi, has been deployed for the acquisition of two projects in Anand Niketan and Niti Bagh in South Delhi with a total saleable area of approximately 26,000 sq. ft. carrying an estimated sales potential of Rs.85 crore, the company said in a statement.

The capital has been strategically invested across two high-growth opportunities in the South Delhi real estate market aligning with the fund'...