SBI Ventures Limited’s SWAMIH Investment Fund-I has provided ₹399.5 crore as financing to SRK Buildwell Private Limited for the residential development Project Morpheus Pratiksha—soon to be rebranded as Project Nirala Grand—located in Sector 1, Greater Noida, Uttar Pradesh.
Dua Associates advised and assisted SWAMIH Investment Fund-I on this transaction. The Firm advised across the full lifecycle of the transaction, including legal due diligence, transaction structuring, documentation, and ongoing legal support through execution and closing.
The Corporate Due Diligence and Documentation team was led by Prateek Bedi (Partner) and Nityashjit Kaur (Partner), with Rishabh Halwai (Senior Associate), Vaibhav Tripathi (Senior Associate) and Anukriti Prakash (Associate).
The Title Verification team was led by Angad Verma (Partner) and supported by Toyesh Tewari (Partner) and Kapil Saxena (Principal Associate).
The transaction, completed in late November 2025, aligns with SWAMIH Investment Fund-I’s mission of delivering approximately 20,000 homes annually, reinforcing its role in restoring buyer confidence and accelerating housing completion across India.
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