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Shriram Properties to develop 4 8 million sq ft in FY24, eyes sales of Rs 2,300 crore

Currently, the company has over 20 million sq ft of apartments and 3 million sq ft in plots under construction. This year, the company plans to hand over 3,000 units compared to 2,000 units last year.

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Shriram Properties, ASK Property Fund invest Rs 206 crore in stressed asset in Chennai

Launched as Shriram 122 West, it is the second joint investment by the co-investment platform set up by ASK and Shiram in November 2022 with a capital commitment of Rs 500 crore

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Shriram Properties news: Shriram Properties, ASK Property Fund jointly invest Rs 206 cr in Chennai project

The acquisition was through SPLs wholly-owned subsidiary, Shrivision Elevations Private Limited, with the working capital needed to be met separately by the partners. The newly acquired residential project in Mangadu will be launched as “Shriram 122 West” near the Porur - Manapakkam IT cluster and the upcoming metro corridor.

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Shriram Properties, ASK Property Fund to invest Rs 206 cr in Chennai residential project

Shriram Properties, ASK Property Fund to invest Rs 206 cr in Chennai residential project
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Shriram Properties Ltd and ASK Property Fund invest Rs 206 crores in a residential project in Chennai

Shriram Properties Ltd and ASK Property Fund invest Rs 206 crores in a residential project in Chennai
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Tamil naduAndhra pradeshLakshmipathi chockalingamProperty fundShriram properties ltdShriram propertiesShriram properties limitedReal estate special opportunities fundShrivision elevations privateProperties limitedEstate special opportunities fundShriram pristine estatesManaging directorManaging partnerSouth india