Categories: Organizations

ASK Property raises Rs.1,000 cr


Mumbai, May 2015

Private equity firm ASK Property Investment Advisors said it has raised Rs.1,000 crore for its third domestic fund — ASK Real Estate Special Opportunities Fund II. The company said also announced the maiden investment from this fund in Purvankara’s Chennai project ‘Provident’. ASK Special Opportunities Fund II will continue with its strategy to stay focused only on top six cities investing in residential projects. ASK is looking at deploying this fund through 7-8 investments with average investment size ranging between Rs.100 crore and Rs.200 crore.

Business Line
 

The Property Times News Bureau

Share
Published by
The Property Times News Bureau

Recent Posts

Know About Prateek Group’s Upcoming Premium Residences in Siddharth Vihar, Ghaziabad

Ghaziabad, December 21, 2024: As Delhi-NCR's luxury housing segment grows, the region sees the presence…

1 day ago

Finding Balance in Design: The Prana Homes Launches Mindful Living Collections

New Delhi, December 21, 2024: Redefining the art of holistic living, The Prana Homes by Pooja…

1 day ago

Real Estate 2025: Key Platforms Revolutionising the Real Estate Landscape in India

New Delhi, December 20, 2024: The Indian real estate market is undergoing a remarkable transformation,…

2 days ago

Film Producer Madhu Mantena’s Company Acquires Multiple Apartments Totalling Rs. 25.75 Crore in Mumbai: Square Yards

New Delhi, December 20, 2024: Madhu Mantena, the acclaimed film producer behind hits like Ghajini…

2 days ago

Dextrus Announces their 4th Premium Workspace at Mint, Sahar Plaza, Andheri East

Mumbai, December 19, 2024: Dextrus, a leading premium managed workspace provider, is excited to announce their…

3 days ago

Innov8 launches its largest flex space centers in Mumbai in 2 lac sq ft

New Delhi, December 19, 2024: Innov8, India's leading startup, continues its rapid expansion with the…

3 days ago