ASK Property
Private equity (PE) firm ASK Group made a handsome profit in a Pune residential project, developed by realty player Darode Jog Properties. The Darode Jog Properties investment made in Livano was made over a phased manner between September 2010 and March 2011 and the amount of investment was 37 Crores. This deal was closed for [...] Continue Reading »
The real estate arm of the Rs 60,000 crore Shriram Group, Shriram Properties, is planning to raise around Rs 1,000-1,500 crore equity. The company is in discussions with four PE funds, and the money is likely to be raised by end of next month. M Murali, managing director, Shriram Properties informs that the land bank [...] Continue Reading »
Real estate focused private equity fund ASK Property Investment Advisors had invested Rs 50 crore in the residential? development ?project in Noida. The project is expected to be completed in few months. 12 residential tower have been constructed in the project over 14.5 acres of land in Noida. As the project ended with a great [...] Continue Reading »
The private equity fund ASK Property Investment planned to raise $ 250 -300 million fund for investing into real estate in India. The company has already set up the fund raising program for $ 40 million from its Singapore subsidiary. ASK property is constantly looking for investment opportunities in the domestic real estate markets. They [...] Continue Reading »
A fund of Rs 1000 crore has been raised by ASK Property Investment Advisors to invest in Indian projects. The cities chosen for investment purpose are Delhi, Mumbai, Bangalore, Chennai and Pune. The main focus of the group is only on residential projects. Half of the fund, i.e, Rs 500 crore had been raised by [...] Continue Reading »
