ASK invests 100 crore in Shriram Properties
ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of the ASK Group, have made the fourth investment from its second real estate fund.
It invested Rs 100 crore (around $18.2 million) in Shriram Properties’ residential project in Bangalore.
ASK PIA invested in Walton Street Capital and Starwood Capital-backed Shriram Properties’ upcoming 16 acre residential project off Sarjapur Road. The fund invested will undertake the project for building villas and low-rise apartments.
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