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Real Estate News

ASK Group | ASK Property Investment Advisors

Real Estate | Property in India | Buy/Sale/Rent Properties |FranchiseZing
Real Estate | Property in India | Buy/Sale/Rent Properties |FranchiseZing

Real Estate India:ASK Property Investment Advisors Pvt. Ltd, the private value arm of ASK Group which puts resources into land, on Wednesday propelled a Rs.1,500 crore residential trust named ASK Real Estate Special Opportunities Fund II. The store will put mostly in private undertakings in six expansive property markets—Mumbai, Pune, Chennai, Bangalore, Delhi-NCR and Hyderabad. Sunil Rohokale, overseeing executive and CEO of ASK Group said in an announcement, “Our past land trusts have created predominant returns amid intense times. This has swayed us to dispatch a bigger trust considering the opportunities in the business sectors and financial specialists are ready to contribute with a gathering that has a centered speculation method with perfect track record.” The capital will be raised from household establishments and high total assets people. “Our centered method of mid-section private ventures and banding together with locally solid presumed engineers has been increased in value by financial specialists,” said Amit Bhagat, overseeing chief and CEO of ASK Property Investment Advisors. ASK Property is likewise at present raising a $200 million seaward store, out of which it has raised $50 million in this way. A Mint report in August said that Indian land centered private value stores are looking to raise about $6 billion, notwithstanding $1.6 billion that has as of now been raised since the start of the year.

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