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ASK Property Investment Advisors invests Rs 125 cr in mixed-use project

Wednesday, 14 Oct 2020
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ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of ASK Group, has invested Rs 125 crore in Gulshan Homz's mixed-use project in Noida, Uttar Pradesh.

This is ASK PIA's second investment with Gulshan Homz. Earlier the investment was of Rs 135 crore in a residential project in Noida in July 2019.

Both projects are in line with ASK PIA's strategy of providing funds to projects to facilitate project execution and completion.

The mixed-use project comprising retail, commercial and a multiplex is about 4,00,000 sq ft. It is a fully-paid land with all approvals in place.

The construction is currently at an advanced stage with completion expected in 2021.

The upcoming project is envisaged as a hub for an entire family as it provides with office, shopping, dining and entertainment options.


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