ASK Property Investment Advisors (ASK PIA), part of the diversified financial service company ASK Group, will invest more than Rs 500 crore across multiple mid-market residential projects in India by the end of this calendar.
ASK PIA has just raised $50 mn (approximately Rs 360 crore) of its $200 mn offshore fund in Singapore, part of which will be deployed in FDI compliant residential developments in Mumbai, Pune, Chennai, Bengaluru and Delhi-NCR.
Three European and Asian institutional investors participated in ASK's maiden India focused real estate fund.
Contact: ASK Property Investment Advisors.
Tel: 022-6646 0000.