Canonicus Capital has teamed up with Trevoc, a North India-based real estate developer, to launch a Rs 500 crore platform aimed at providing last-mile funding and execution for stalled real estate projects across Delhi-NCR.

The initiative will focus on completing projects facing execution challenges and liquidity gaps. Trevoc will handle on-ground execution and construction management, while Canonicus Capital will supply structured institutional capital to ensure timely delivery. The platform has already assessed a pipeline of near-completion residential and mixed-use projects and is actively engaging with more developers across the region. Canonicus has committed Rs 125 crore for the first phase, with plans to scale the platform to Rs 500 crore in the coming years, aiming to support high-potential real estate opportunities in the NCR.

“Last-mile funding works best when capital deployment is backed by controls, transparency, and clear execution responsibility,” said Rajan Gupta, Executive Director at Canonicus Capital.