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ASK Property Fund invests Rs 225 crore in Pune

Dated on: Thursday 14th September 2023

ASK Property Fund, the real estate private equity division of the ASK Group, has injected an investment of Rs 225 crore into Pune through its recently raised fund, ASK Real Estate Special Opportunities Fund IV (RESOF IV). This venture primarily focuses on residential developments and forms an integral part of the Megapolis integrated township within Hinjewadi, developed by Kumar Realty. Within this township, 4,600 units have already been delivered, with a majority being occupied, and there are an additional 3,000 units currently under construction.

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