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ASK Property Investment Advisors infuses Rs 200 cr in housing project

Wednesday, 12 May 2021
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ASK Group's realty-focused private equity arm ASK Property Investment Advisors (ASK PIA) has invested Rs 200 crore in a mid-income housing project promoted by developer Kalpataru Group.

The company, however, did not disclose the quantum of the stake in the project.

ASK Property Investment Advisors (ASK PIA) has invested in the project in Pune's Baner locality spread on a 16 acre land parcel which will have 1,200 residential units with a saleable area of approximately 1.9 million sq ft.

This is company’s 14th project in Pune, and with this investment the ASK Group has now invested in projects spanning across 12 million sq ft including over 8,500 residential units, a city-centric office space and IT-SEZ in Pune.

 

 
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