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ASK Property Investment Advisors invests ₹200 cr in Kalpataru Group’s housing project
May 12, 2021
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This is a mid-segment residential project in Pune spanning across 16 acre with a saleable area of about 1.9 million sq ft
ASK Property Investment Advisors (ASK PIA), the real estate private equity arm of the ASK group, has invested ₹200 crore in Kalpataru Group’s mid-income housing project in Baner, Pune.
This is an ongoing mid-segment residential project spanning across 16 acre with a saleable area of about 1.9 million sq ft and comprising over 1,200 units spread across 1-3 BHK homes.
Amit Bhagat, Chief Executive Officer and Managing Director at ASK PIA said, “This is our 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. The project is in line with our strategy of providing funds to mid-income housing projec