Nugraj Developers raises Rs 50 crore from Capri Global for Haryana project expansion

New Delhi: Nugraj Developers has raised Rs 50 crore in growth capital from Capri Global to support the expansion and development of its real estate projects across Kharkhoda and Sonipat in Haryana.

The capital infusion will strengthen the group's growth plans and support its ongoing and future development initiatives in these emerging real estate markets. The transaction reflects Capri Global's confidence in the developer's growth potential and the opportunities presented by the region.

“Kharkhoda is rapidly emerging as one of the most promising growth corridors in the Sonipat region. With the development of IMT Kharkhoda, Maruti Suzuki’s manufacturing ecosystem and improving regional connectivity, the area is witnessing a clear shift in residential and plotted development demand. We believe the Sonipat–Kharkhoda corridor is well positioned to evolve into a significant residential and investment destination within the wider NCR growth story,” said Nugraj Jain, Founder & CEO, Nugraj Developers.


Rezonance Consultants acted as the transaction consultant, facilitating the association between Nugraj Developers and Capri Global and advising on the transaction. This development further highlights the growing investment potential of Kharkhoda and Sonipat as emerging real estate destinations.

“The arrival of Namo Bharat (RRTS) connectivity is a game-changer for the Sonipat–Kharkhoda corridor. As regional travel times drop, we are seeing a structural shift from traditional industrial land usage toward high-demand residential plotted townships. The surge in residential plotting demand reflects growing buyer confidence in structured, well-connected townships along this growth corridor,” said Hardeep Lamba, founder and MD of Rezonance Consultants.