Gaurs Group has successfully raised Rs 440 crore through its first public issuance of non-convertible debentures (NCDs), fully subscribed by three leading mutual funds. The funds, raised by the holding company Gaursons India Pvt Ltd and to be listed on the NSE, will be utilized for land acquisition, project construction, repayment of high-cost loans, and general corporate purposes. This move is expected to provide financial flexibility for expansion and underscores the group's credibility with institutional investors. Gaurs Group is a prominent Delhi-NCR developer with a history of delivering numerous units and projects.